I’ve been talking with some traders recently, and a few shared a common (horror) story.
They joined a coaching program under a famous trader’s brand, but when they signed up, they got assigned a “trading coach” with almost zero profitable trading experience.
One trader even told me:
“There are a lot of coaches, some good, but others quite hopeless, and I got one of the hopeless ones. It seems I’m getting better results in my trading before joining [name withheld] than most of the coaches, so in the end I’m still trading the way I knew before [name withheld].”
I won’t name the famous trader because I deeply respect their achievements. But this highlights a critical danger in our industry…
Our brain is like a sponge. It absorbs everything around us.
The people we listen to shape how we think. Their ideas become our ideas. Their limitations become our limitations.
Most traders don’t realize how dangerous this can be.
Imagine following advice from someone who’s never truly traded. It’s like getting swimming lessons from someone afraid of water.
I’ve seen traders waste years following bad advice.
Their accounts bleed…
Their confidence crashes…
All because they trusted the wrong mentor.
Your trading journey is sacred. Protect it.
Who are the top 5 people influencing your trading mindset?
Are they successful traders? Have they achieved what you want to achieve (or at least further along in the journey)? Or are they just loud voices with empty promises?
Choose your trading influences carefully.
Tomas
