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9 May

Finding the Right Mindset

As human beings, it's natural for us to seek control and order in our lives. From an early age, we are guided to follow a set path – study hard, heed our parents' advice, respect authority, secure a good job, start a family, and so on – in pursuit of what society deems as the perfect life. However, this standardized approach may not align with the uncertainties inherent in activities like trading. 

Many individuals entering the world of trading struggle with the transition from the structured nature of their previous experiences to the unpredictability of trading. While they are accustomed to expecting specific outcomes based on their actions, trading operates on the basis of probabilities and possibilities, lacking the linear cause-and-effect relationships they are familiar with. This shift presents a challenge, particularly for those coming from highly structured professions like doctors, engineers, scientists, and other empirical data-driven fields. 

That being said, it's important to note that in order to excel in trading, often it requires a shift in mindset to overcome ingrained biases and ability to adapt to the different demands of the trading world.

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