Sunday, June 22, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Trading Psychology – The Universal Law of Trading Confidence

by cryptheory
March 28, 2025
in Guest Post
Reading Time: 2 mins read

[ad_1]

A trader I work with said to me, “If only I could be more confident, I’d be a good trader.” In response, I asked, “What do you think would make you more confident?” She said, “Making more winning trades.”

Unfortunately, that is the wrong answer. She thinks her results will bring her the confidence she seeks. It is what most aspiring traders think.

Where True Trading Confidence Comes From

Developing enduring confidence in your real-time trading skills and abilities doesn’t come overnight. It’s a process. And, it’s the process of ‘getting there’ that we focus on to improve and to “be a good trader.” Confidence comes from mastering the various skills needed to read the market, execute and manage trades. Mastering these skills and abilities is the process of trading and it is this process that brings about confidence. Confidence really doesn’t come from more winning trades. In fact, more winning trades come from a dedicated focus on the process.

How to Maintain Improvement and Add to Confidence

A key to both building self-confidence and maintaining skills and abilities that you have already developed thus far is to understand how we learn. Although we can certainly learn quickly, learning can’t be rushed. This is especially true with the multifaceted skill sets needed in trading. Far too often I see traders try a strategy or indicator, have a loss or two, and drop that strategy like a hot potato. Again, their focus is on results. This flawed mindset will only frustrate you; lasting improvement and true confidence will always be elusive.

Learning is not linear. It does not happen in a straight line. We don’t start at point A and steadily advance to point B. Instead, learning occurs in a series of ups, downs, and plateaus. It is very much like the swings that occur in an up trend. We experience spurts of growth and development, fall back a bit, advance some more, and then rest a while as we hit a new plateau where what we consolidate what have learned.

Traders with the misguided mindset are thrilled with the ups, get depressed with the downs, and become bored with plateaus. Again, their focus is on results. How can anyone develop genuine confidence on such a roller coaster?

Where Trading Confidence is Really Found

Confidence is found in the learning plateaus where our gains are consolidated and our abilities stabilize. Confidence isn’t found in the ups because that is not our true skill level. The learning hasn’t had time to take hold. The downs of our learning curve aren’t places to become scared or depressed. The downs are to be welcomed. Why? Because this is where we learn what additionally we need to become better. Where else would we get this crucial information? And the plateaus aren’t the place to become bored; they are to be savored.

Gary Dayton, Psy. D.

  • Author
  • Recent Posts
cryptheory
cryptheory
Core team behind Cryptheory Labs and website Cryptheory.org.
cryptheory
Latest posts by cryptheory (see all)
  • Why Online Advertisers Should Request Website Traffic Data from Google Analytics Instead of Using SEO Tools Like MOZ or Ahrefs? - March 24, 2025
  • North Carolina’s Bold Move: State Bill Proposes Investing 10% of Public Funds in Bitcoin - March 22, 2025
  • Justin Sun Stakes $100 Million in Ethereum on Lido – What Does It Mean for the Market? - March 19, 2025
Previous Post

10 Minute Forex Wealth Builder – Can Using 10 Minute Forex Wealth Builder Really Make You Wealthy?

Next Post

Red Ring of Death Fixes – The Fastest Way To a Working Xbox 360

Related Posts

Personal Traits in Trading
Guest Post

Personal Traits in Trading

September 5, 2023
Top 10 Leading Countries in AI Research and Technology [current_date format=Y]
Guest Post

The strategic approach to AI in the enterprise

September 4, 2023
The development of Bitcoin mining technology
Cryptheory News

The development of Bitcoin mining technology

March 28, 2025
Why the smart cities of tomorrow are relying on blockchain tools
AC mania

Why the smart cities of tomorrow are relying on blockchain tools

September 2, 2023
What are the advantages of causal analysis
Guest Post

What are the advantages of causal analysis

September 2, 2023
Crypto Fraud: How To Protect Yourself From Crypto Scams
Guest Post

Crypto Fraud: How To Protect Yourself From Crypto Scams

June 30, 2023
Title: Bit by Bit: Navigating the Labyrinth of Crypto currency Scams
Guest Post

Bit by Bit: Navigating the Labyrinth of Crypto currency Scams

June 29, 2023
Games Is Important Part in Our Life
Guest Post

Games Is Important Part in Our Life

March 28, 2025
Philippine Oil Deregulation – A Policy Research Analysis
Guest Post

Philippine Oil Deregulation – A Policy Research Analysis

March 28, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

June 9, 2025
June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let's F***ing See.

June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let’s F***ing See.

June 11, 2025
Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

June 19, 2025
The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

June 5, 2025
Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

June 20, 2025
Who Really Makes Bank on Memecoins – And Why It Ain't You, You Beautiful Degenerate

Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate

June 4, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.