Problem
You hesitate, second-guess yourself, and often miss opportunities. When you do enter, you exit too early, doubting your judgment.
Cause
- Lack of backtesting → no hard data to trust.
- Overexposure to conflicting ideas from others.
How the Brain Works
- Cognitive dissonance arises when multiple conflicting signals confuse you.
- Stress lowers trust in your own decisions, leading to hesitation.
- Without proof (data), the brain defaults to fear.
Real-Life Example
Marius sees a clean setup but hesitates. Price moves without him. Frustrated, he enters late, chasing — only to lose. His lack of confidence cost him both the entry and the result.
Practical Solutions
- Backtest 100+ Trades – confidence comes from numbers, not feelings.
- One Strategy Rule – stick to one edge, silence outside noise.
- Trading Plan on One Page – clarity reduces doubt.
- Start Small – trade micro-lots to build confidence without fear.
Key Takeaway: Confidence doesn’t come from hype 🚀 — it comes from data and consistency 📊.