📌The Molecule of More & Why You Overtrade
I recently finished reading The Molecule of More.
It’s a book about dopamine.
But while reading it, I wasn’t thinking about psychology in general…
I was thinking about trading.
Because dopamine isn’t the molecule of pleasure.
It’s the molecule of anticipation.
It spikes when you imagine what could happen... not when it actually happens.
And that explains a lot about us as traders.
📍Think about the moment before you enter a trade.
You see the setup forming.
You picture the breakout.
You calculate the upside.
There’s a small rush.
That rush feels like confidence.
But most of the time, it’s just anticipation.
It’s chemistry.
📍Have you noticed this?
You close a beautiful winning trade.
You feel great.
Ten minutes later, you’re already looking for the next one.
Nothing changed in the market.
Something changed in your brain.
Dopamine fades quickly.
And your brain wants another spike.
That’s when overtrading starts.
That’s when discipline slips.
One of the biggest shifts in my trading journey was this:
The more boring my trades felt,
the more profitable they became.
At some point, you stop trading for stimulation.
You start trading for structure.
And that’s when consistency begins.
📍The takeaway from this book for traders is simple:
If you feel urgency… pause.
If you feel “this is it”… double-check.
Because sometimes you’re not reacting to price.
You’re reacting to dopamine.
This is Edition 1.
Next week, I’ll share another book - and what it taught me about trading.
If you have a book in mind, drop it below.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
I recently finished reading The Molecule of More.
It’s a book about dopamine.
But while reading it, I wasn’t thinking about psychology in general…
I was thinking about trading.
Because dopamine isn’t the molecule of pleasure.
It’s the molecule of anticipation.
It spikes when you imagine what could happen... not when it actually happens.
And that explains a lot about us as traders.
📍Think about the moment before you enter a trade.
You see the setup forming.
You picture the breakout.
You calculate the upside.
There’s a small rush.
That rush feels like confidence.
But most of the time, it’s just anticipation.
It’s chemistry.
📍Have you noticed this?
You close a beautiful winning trade.
You feel great.
Ten minutes later, you’re already looking for the next one.
Nothing changed in the market.
Something changed in your brain.
Dopamine fades quickly.
And your brain wants another spike.
That’s when overtrading starts.
That’s when discipline slips.
One of the biggest shifts in my trading journey was this:
The more boring my trades felt,
the more profitable they became.
At some point, you stop trading for stimulation.
You start trading for structure.
And that’s when consistency begins.
📍The takeaway from this book for traders is simple:
If you feel urgency… pause.
If you feel “this is it”… double-check.
Because sometimes you’re not reacting to price.
You’re reacting to dopamine.
This is Edition 1.
Next week, I’ll share another book - and what it taught me about trading.
If you have a book in mind, drop it below.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.