: Tendler highlights that both overconfidence and lack of confidence can be equally destructive, often fueled by cognitive biases and perfectionism. Worksheets - Jared Tendler
The Mental Game of Trading by Jared Tendler provides a structured system to diagnose and resolve psychological barriers such as . Unlike traditional advice to suppress emotions, Tendler argues they are signals indicating underlying flaws like unrealistic expectations or biases. Core Concepts of the System
: A specific tool used to dissect emotional reactions and identify their root causes, much like a post-trade technical analysis. Addressing Specific Emotional Hurdles : Tendler highlights that both overconfidence and lack
: Fear and greed are not the problem itself but diagnostic tools to identify deeper structural issues in your trading process.
: Often manifests as hesitation or exiting trades too early, frequently rooted in a lack of confidence or a fundamental misunderstanding of risk. Core Concepts of the System : A specific
: The first step in Tendler’s system is to systematically track the triggers, thoughts, and behaviors that lead to recurring mistakes.
: Arises from "broken" expectations, such as feeling the market "owes" you a win or being over-competitive. : The first step in Tendler’s system is
: Defined as an excessive desire for more that clouds judgment and leads to overtrading or chasing price.