The Fallacy of Believing You're in Control

30 Jan 2016 · 7 min
6:31

A single-speaker YouTube monologue (Kardec Trader) arguing that traders commonly fall into an illusionary 'feeling of certainty' that blocks progress. The speaker claims this certainty is biologically rooted, produces self-deception and narratives that contradict trading-account evidence, and explains why classroom knowledge often fails under real-market pressure. Remedies offered include emotional regulation, applied mindfulness ("awakening the observer") to inspect beliefs, and reorganizing the mind to accept and manage probability instead of seeking certainty. The talk contrasts amateur traders (stuck in certainty) with professional traders (comfortable with uncertainty and probabilities).

Chapters

More from Kardec

0:42
youtube.com

THIS Short Strategy Makes MILLIONS🚨

1d ago
1:22
youtube.com

Trading strategies tier list

1d ago
14:02
youtube.com

The Ultimate Risk Management Strategy for Profitable Trading

2d ago
0:31
youtube.com

You Want to Live Off Trading Tomorrow?

2d ago
0:40
youtube.com

NEVER Trade Pre Market Open (MUST WATCH)🚨

2d ago
0:38
youtube.com

Simple volume bias

2d ago
27:30
youtube.com

i am not your f**king trading guru

2d ago
0:43
youtube.com

The MAIN Reason MOST Traders LOSE🚨

3d ago
0:31
youtube.com

Why people want to believe in lie ? 

3d ago
0:22
youtube.com

WHY Trading NEW Firms Is The BEST Move🚨

3d ago
0:22
youtube.com

By favourite PRO trading Tools.

4d ago
See all content