Listen "The Gambler's Illusion"
Episode Synopsis
In today’s episode, I'm tackling a topic that every trader and investor needs to understand: the gambler’s mindset. It’s easy to fall into this psychological trap, especially in a fast-moving market like crypto, where emotions can quickly take over rational thinking. Whether it’s the thrill of a gut feeling, chasing losses, or FOMO, the gambler’s mindset can lead to impulsive decisions that hurt your portfolio. I’ll break down how this mindset works, why it’s so dangerous, and more importantly, how to shift to a strategic, calculated approach that puts you in control of your trades and investments.
More episodes of the podcast The Mindset Trader Series
When You Make It Big
05/12/2024
Start Before You're Ready
27/11/2024
Celebrating Your Choice To Change
13/11/2024
Why Your Journey Matters
06/11/2024
Building Delayed Gratification
30/10/2024
The Impact Of Delayed Gratification
17/10/2024
The Power Of Consistent Discipline
09/10/2024
Avoiding The Euphoria Trap
03/10/2024
Navigating Fear And Greed
25/09/2024
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.