If you’ve been beaten down by the market and depression creeping in - you’re not alone. Even the best stumble. But how do you get back up? Jordan Peterson’s latest talks offer razor-sharp, practical advice that every trader should tattoo on their brain.
1. Reframe Losses as Investments in Your Future Self
Stop thinking of your losses as permanent scars. Peterson points out that every setback is tuition paid for your education as a trader. You’re not just losing; you’re investing in future wisdom. Today’s mistake is tomorrow’s experience—if you let yourself learn.
2. Track Your Emotional P&L
The numbers on your trading screen aren’t the only ledger that matters. Peterson urges us to track the psychological toll of each trade—your “emotional profit and loss.” Write down how you feel after every position, win or lose. If your emotional account is in the red, that’s a signal: pause, step back, reset. Your mind is your capital.
3. Tell the Brutal Truth to Yourself—Then Forgive
Brutal honesty is a superpower. When you screw up, admit it—no excuses, no rationalizations. But then, let it go. Peterson says guilt is a useful signal, but self-punishment is a prison. Own your mistakes, learn, and move forward with self-compassion. #PsychologyOfMarket #BinanceHODLerERA #USCryptoWeek $BIO $DOT $ADA
