Lance reveals he was a terrible trader early on, buying tops and chasing moves on pure emotion. He reprogrammed himself through brutal self-critique and mental conditioning to wait for clear turn points. Becoming profitable required years of psychological work, not innate talent.
I wish people could see how bad I was in the beginning. People think Lance had any raw talent for trading. They'd be greatly mistaken. I had no raw talent. I was a steaming pile of dog shit where I did the exact opposite of what you should be doing. And only from doing that a million times and slapping myself and beating myself up and saying, Lance, come on, like, what's wrong with you? Why can't you do this? It took so many reps, so much training, so much mental awareness of Lance. No matter what you do, don't buy the frontside. Wait for the turn. Wait for the turn. Okay, I think this is it. And you don't buy it. Then you're like, I think this is it. I think this is it. Then you buy it. Buy up here because you're like, oh wait, this— it's definitely bouncing and turning. Then you chase the top, then you stop out there. And so I've made every psychological error and mistake in the game. I've let every base emotion ruin me and do the bad trade. It literally took me years to reprogram myself to not do that, and it's a constant refinement.
