Building the Disciplined Mind for Uncertainty and Risk
Figuring out a way to handle risk and uncertainty is a common difficulty that many traders are forced to grapple with on a consistent basis. However, in this video, Rande Howell, of TradersStateofMind.com, offers quite a unique solution; build a new brain.
Despite all the hard work, why do so few traders ever achieve success in trading? The truth is that a paradigm shift in the way the trader perceives risk and uncertainty is required. A mindset of working hard and being right to control outcome is a formula that does not work in trading. What does? It is necessary to develop a mind that embraces uncertainty and probability and learns how to control the one thing.
By Rande Howell of TradersStateofMind.com