This content was created by Kardec Trader. This content was uploaded by Kardec Trader. This is a YouTube video titled "Why You’re Not Making Money Trading" created on June 12, 2023. It discusses the psychological challenges traders face and the importance of identifying personal mental blocks to improve trading performance.
Every trader is different. We think differently, we operate differently, we all have different personalities. So when we get exposed to trading, we will be exposed to different problems. We will both also react to different problems. Our job as traders is once again to understand what is our mental blocks, what are things that are impacting our trading From a personal psychological level, I know traders that have a really hard time following their stuff because. Because they don't want to lose money, they don't want to be wrong or every time a trade goes close to their stop, they're immediately like, oh well, this will go higher. Then I have other traders that have a really, really easy time unfollowing their stop, but they have a terrible time sitting on their hands or being patient or not letting a trade formulate the way it's supposed to formulate. Your job as a trader is to identify what problems pop up into your trading, right? What type of psychological problems pop up into your trading and how can you create a system to tackle problems?
