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Heightened Skepticism & All-or-Nothing Mindset
Red pill traders often question the motives of anyone selling courses, viewing their marketing as over-sensationalized. This can lead to a black-and-white outlook, where all gurus and their strategies are dismissed as scams or manipulative.
Emphasis on Self-Reliance
-prioritize conducting their own research and formulating strategies based on personal testinG
Balancing Critical Thinking & Cynicism
While skepticism is valuable, becoming overly cynical can be counterproductive. The challenge is to filter out hype while staying open to knowledge
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13 reads
Belief in the Holy Grail
Blue pill traders often believe there’s a single golden strategy or
course that, once discovered, guarantees consistent profits.
Lack of self esteem / responsibility
No Amount of knowledge will save you from yourself
Knowledge VS Wisdom (self reflection)
Lack of Effort to Learn
Instead of understanding how the market operates they understand how
their teacher operates???
Unable to Adapt
The trade you took 5 minutes ago isn’t the trade you are taking now
they are:
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8 reads
Healthy Skepticism and Open Mindedness
-Careful evaluation of both and application of useful information
Evaluate Various techniques or “Strategies”
-Investigate different techniques and strategies without labeling them
- Assumption = Comfort Comfort = Death
It’s all about YOU
- the reason gurus can make money, YOU
- the reason you are unprofitable / profitable
- the only way you will become profitable
Succesful people don’t feel any type of way about that title
Self Trust (Humble Confidence)
You are the Architect and Neo (You create your reality)
Purple Pill Mindset of Self Mastery
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15 reads
Every Trader Begins as unprofitable
-Rome was not built in a day
A comfortable man is a man who will go back to old ways
-The most profitable and successful people do not actualize their abilities and then slack off rather they continue applying pressure because they know the end result is diamonds
Keep a strict journal document thoughts while trading and never settle.
Death is not just physical
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7 reads
IDEAS CURATED BY
CURATOR'S NOTE
Day trading content nowadays seems so divided. On one hand there are gurus promoting a get rich quick scheme and the other they are exposing these gurus left and right making it feel like no info on trading can be trusted. This video promotes taking the middle path to achieve profitability.
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