ilmscore | Prediction Details
"so in two weeks over 100 yeah it's crazy yeah two weeks went from 34 to like um over a 100 in the account so wow it's and that's all you that's all I've found that you really have to do is just like we were talking about keep your head down just take one at a time one trade at a time and yeah all of a sudden things can change um or then you get that confidence because then all of a sudden it's like it's crazy how suddenly you get a couple nice trades now your confidence is coming back so now you feel confident taking a few more trades taking bigger size and now you're on this positive feedback loop that's like just reaffirming like I know what I'm doing and it can pick up quick but the exact opposite can happen with the negative feedback loop where you have a loss of confidence and and either what should happen is l confidence you trade less but what ends up often happening is desperation you trade more you increase size emotions get bigger now you trade even more and now it's like yeah it's and that that that is the that's the aspect of trading where you know it's it's it's psychological it's mental"
By Ross Cameron - Warrior Trading | November 28, 2024 | Pending
From video
How Danny Scaled his Day Trading Strategy from $10/day to $350k/Year 00:52:11 - 00:53:14
Interpreted Prediction
The trader highlights the power of positive and negative feedback loops in trading: quick recovery builds confidence and leads to larger size and more trades, while losses erode confidence, often leading to desperate, increased trading and larger emotional swings.

Prediction Details

Topic
Trading Psychology

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