Vincent Bronson

Guide to New Psychology of Winning: Winning, in this state of mind, becomes only landing on the right side of probability from your perspective Vincent Bronson

Winning, in this state of mind, becomes only landing on the right side of probability from your perspective. Winning, in the moment, is not associated with conquest or feeling good - this takes you out of the traders' state of mind and is bad for trading. Losing only means that you have landed on the wrong side of probability, relative to you. If you followed your rules and in retrospect, you would take the trade over again, you practice gratitude, rewarding yourself for your performance.
The winning trading psychology mindset is very different than traditional ways of understanding winning and losing. The alpha mind, with its need to win, control, and make things happen, will blow up accounts. And learning how to lose well is important to the development of the successful trading mind. Keeping losses small is a critical task in which to become competent. Without this ontological shift, becoming a consistently profitable trader stays only a dream. The "winning mindset" will be reflected by the growth of your trading account. Until this shift in the understanding between winning and losing becomes a standard practice, you stand in your own way in your journey into trading. Learning this lesson is essential.