Back to Basics Series: Emotional Capital. What is it, and are you wasting it constantly? Emotional capital in trading might be the most valuable asset you have when you’re an experienced trader. Most novices have very little and don’t use it wisely. Emotional capital must be preserved and focused on a probability mindset and knowing the game. Market makers are trying to take the most amount of money from the most amount of people.
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Recommended Reading
https://amzn.to/37Cvklr
Volume Price Analysis by Anna Coulling
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Reminiscences of a Stock Operator by Jessie Livermore
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2023 Stock Traders Almanac by Jeffrey Hirsch
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This video is for informational and educational purposes only. These are not recommendations to buy, hold, or sell any stock or security. I may hold positions in some of the equities mentioned, know your time frame and risk tolerance. I am not a financial advisor. Trade at your own risk.
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