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Yes, absolutely essential (unless you've been gifted a perfect mindset concerning the subject of money and self-image by your parents or someone else). Even when trading a mechanical system it's important.I like Rande Howell for this. eg quote: "The Mind you bring to the management of Uncertainty is the Real Edge in trading. It is yours to develop or to remain stuck in performance. And the markets do not care".
Yes, absolutely essential (unless you've been gifted a perfect mindset concerning the subject of money and self-image by your parents or someone else). Even when trading a mechanical system it's important.
I like Rande Howell for this. eg quote:
"The Mind you bring to the management of Uncertainty is the Real Edge in trading. It is yours to develop or to remain stuck in performance. And the markets do not care".
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