Sometimes we'll get into a trade and the worst possible thing will happen.
It starts winning.
Strangely, this is one of the hardest things a trader ever has to face.
Prosperity can be debilitating and destructive.
It goes against all our wiring.
We're programmed to look for tigers hiding in the bushes. We jump at rustling leaves that might be a lion.
Our brains don't like it when things are going well.
It makes us worry about what's coming next.
Why do you think the majority of lottery winners lose everything? Why do you think one-hit wonders never make another hit? Why were there so many tragedies on VH1's Behind the Music?
And remember what happened to trading's greatest champion, Jesse Livermore?
He made mind-blowing fortunes...and ended up committing suicide. Yikes.
So we need to be aware of how hard winning can be. If we're aware, we can be ready for it.
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