How do you stay curious instead of desperate?

Beginners who need the money trade from desperation: oversized, overfrequent, overleveraged. Curiosity — genuine interest in how the market works — survives drawdowns; desperation feeds on them.

How do you stay curious instead of desperate? — leverage and margin diagram
Leverage: a small margin controlling a larger position

How do you keep the learning mindset?

  • what keeps trading interesting beyond the money
  • how you handle the pressure of needing results
  • the shift that helped you trade lighter
How do you stay curious instead of desperate? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

The psychology category discusses the desperation trap from several angles.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…