Elite traders aren't emotionless machines. They feel frustration and anger, but they don't let those feelings drive their trades. The difference between winning and losing traders is discipline: you can shout at the chart, just not at your account.
Chapters
I wanted to ask you, what are the key principles from those world champion traders that you've picked up? Well, first of all, just like all of us here, deep inside they're all degenerate gamblers, but in a good way. I thought that the best traders in the world would be so exempt from emotions and just be cool, you know, like, hey, I'm a fucking world champion trader, I'm just gonna click and not care, you know, I'm a guy— nah, none of that. They're emotional, they're very human, but they don't try and control their emotion. They don't try and, you know, force their psychology to not exist. You know, you can't just stop that from happening. The difference is they've learned how to not have them interfere with the decisional process. So it's not, I'm controlling my emotions and forcing it and trying to hold it on. It's like, I have it, I feel it, I let it out, I get angry at the chart, I say, fuck you, NASDAQ, okay? And I move on with the next trade. It's just as easy as that. I'm just not gonna take a decision that's gonna fuck up my trading account based on that bad feeling. So I just don't act upon it, but I still feel it, so it's fine.