ilmscore | Prediction Details
"and 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 00:52:29 - 00:53:14
Interpreted Prediction
The trader highlights the power of positive feedback loops in trading: quick recovery builds confidence, leading to increased size and more trades. Conversely, negative feedback loops erode confidence, often resulting in desperation, more trades, and amplified emotions.

Prediction Details

Topic
Trading Psychology

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