The real reason why you're still an unprofitable trader | EP3

In this episode, Sean discusses the critical role of psychology and mindset in trading, highlighting how self-sabotage through overtrading, FOMO, and incorrect position sizing can lead to losses, even with a perfect setup. He emphasizes the importance of accepting losses, sticking to a trading plan, and developing good habits over chasing quick profits. Sean shares personal experiences and provides actionable advice, including mindset shifts, strategies to avoid overtrading and revenge trading, and the significance of risk management. He also outlines his core rules for trading, such as fixing size, having a plan before entering a trade, and conducting nightly reviews, alongside his risk management strategy, which involves limiting risk per trade, adjusting size based on market conditions, and avoiding averaging down on positions.