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  • The Mind of a Trader Podcast with Steve Croft

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    "The most important exercise for a trader is that of the mind."

    This is Steve Croft's approach to trading. With his unique and compelling delivery, all traders can benefit from Steve's trading experiences and anecdotes to stay mentally balanced and focused.

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Monday, July 7, 2008

MOT 50 - Winning and Losing are Both Part of the Power of Probabilities

Monday, July 7, 2008
Duration: 17:15 min

To mark this 50th episode of the Mind of a Trader, interact with Steve and leave comments starting this episode and subsequent episodes on the new MOT blog! :-)

Show Notes

Winning, Losing, Money and Success are just a few of the many aspects of life that people use to determine the worth of others as well as themselves.

In reality, it is not these results, but how we respond to them that will make our journey one that we enjoy and desire to continue doing, or whether we quit.

As a trader, the understanding of probabilities and how to make them work for us instead of against us will provide great power for you as you move forward in your trading career.