What is Your Circle of Control in Trading?
Weekly AMA on Instagram - Ask me anything about trading & investing, stock picks, market analysis, etc!
Focus your energy on what’s important
Letting go of the outcome
You cannot control the outcome, but you can control your actions and emotions
Do not focus on the $ and P&L fluctuations
Sports analogy: Don’t focus on the score!
Big picture: individual trades do not matter
Read more: Is Trading really Risky like Gambling? (How to Trade Like a Casino)
If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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