A short YouTube video (Kardec Trader, uploaded March 6, 2024) in which two speakers discuss a common negative trading habit: dwelling on imperfect trade outcomes. They argue traders should accept imperfect entries/exits, avoid wishful hindsight, and focus on getting better trade-by-trade rather than ruminating on past decisions.
So funny thing about us traders is we are never ever happy with any trade outcome. The reason for that is because there's no trade outcome that's ever perfect. When you get into trade, you maybe get in late, get in early, you won't have perfect entries, perfect exits, and that's something you have to live with. My job as a trader, every time I look at a trade or every time I'm in a position is to try to catch a piece of it. And that's it. Yes. I get into the moments where I'm.
Like, I wish I held for longer or I wish I didn't stop myself out or I wish I did. Whatever the case may be, that wishful.
Thinking is not put it in trading, leave that, put it to the side and just look to get better trade after trade and cut out the what you could have or should have done.
