This article aims to help you understand the mindset of a profitable bettor.
Come on!
Professionals consider the 3 pillars essential to prosper in the world of betting:
All this amid constant uncertainty! (Commit this to memory.)
There are no guaranteed results, you must accept the risk of losing before entering into any operation.
In short, technical analysis allows you to anticipate the market's next steps, based on previously established patterns.
Technical analysis generates a continuous flow of opportunities.
There is a huge gap between knowledge about the markets and the ability to turn it into consistent profits.
This is known as the “Psychological Gap”.
In other words, the risks of trading (without guarantees of results) require the best traders to maintain discipline, focus and confidence.
The fear of losing when trading comes from an aversion to losses at all costs.
The bettor must overcome this fear.
No trade guarantees profit. Therefore, the possibility of making mistakes and losing money always exists.
Change your attitudes/beliefs towards trading to trade without fear, maintaining a structure that avoids recklessness.
It is essential to negotiate professionally, without emotional discomfort.
Develop a positive winning mindset.
A mindset that expects positive results, accepting that your results reflect your level of development.
Overcome your mistakes and keep moving forward.
Take responsibility, the market owes you nothing.
Trading is a zero-sum game, for every winner there is a loser.
Your goal is to extract money from the market, while the market seeks to extract money from you.
If you don't take responsibility for results, you won't have room for learning or growth.
Your perceptions and responses to events will always be the same.
The best traders operate in “flow” or “good timing,” in a positive, relaxed state of mind.
Trading should be easy and effortless.
Be available to take advantage of market opportunities at any time.
Be consistent.
Act according to the best opportunities, without being influenced by market behavior.
Confidence comes from believing in the trading probabilities and limits.
If you focus on each operation individually (micro), there will be a random distribution of wins and losses, but together (macro), the scenario is different.
Events with predictable outcomes can generate consistency, as long as the odds are in your favor and there is a meaningful sample.
The trader's analytical tools are the known variables that favor success (odds).
Although the outcome is not certain, over time, whoever is on the right side of the odds will have more wins than losses.
Certainty is proportional to risk!
Traders who understand probabilities are confident in their success as they only trade with defined advantages.
Follow your rules strictly and be flexible with expectations.
It is essential to be flexible to clearly interpret what the market communicates.
Don't be blinded by the trend!
Without expectations, there is no reason to fear losses when trading.
Aim for a calm state of mind that accepts the unknown forces of the market.
Eliminate fear and hesitation by maintaining belief in the probabilities.
Have confidence in your consistency as a trader.
Consistent results bring continuous growth, with small losses as part of the natural process.
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