A short YouTube monologue by Kardec Trader (uploaded March 25, 2024) advising traders to remove ego and re-evaluate their decisions by reviewing past trades, observing who is making money, and flipping perspectives (e.g., reconsidering longs vs. shorts). The speaker emphasizes humility and returning to basics after periods of success.
My whole idea of looking at things is just kind of take the ego out and take the idea that I know everything out. Especially when you've been doing something for a long period of time and you've had a certain amount of success, it's very easy to be like, I know everything. Or even if you have a one month level of success, you're like, I know what I'm doing, bro. He doesn't know what he's doing. He doesn't know what to do. When I go back to the basics, I started looking around, I started looking at who's making money, who's not making money. I start looking at my past trades, I start reanalyzing the market from a different perspective. Like, oh, if I want to go long, no, no, no, no, no. Why would I go long? Why, why not go short? Like, I start flipping my perspective on things.
