MemCast
MemCast / episode / insight
Psychology outweighs study volume in trading success.
  • Academics assume that more concepts equal better performance, but ICT’s own experience shows that psychology and risk‑management dominate.
  • The transcript repeatedly notes that “the more concepts we know… that does not work” because the market is driven by human and algorithmic behavior, not textbook knowledge.
  • Traders who ignore the mental side end up over‑trading, mis‑reading price, and burning capital.
  • Therefore, the first investment for any trader should be in self‑awareness, not in more video courses.
RZTitans Of Tomorrow00:00:00

Supporting quotes

academics who com to ICT what we naturally do is we study more and we think the more that we study and the more Concepts we know the better we're going to be as traders that does not work and it doesn't apply to the way ICT Concepts works because there is a huge amount of psychology and understanding risk management and stuff that's involved RZ
that does not work and it doesn't apply to the way ICT Concepts works because there is a huge amount of psychology RZ

From this concept

Psychology and Risk Management Over Study Volume

Spending endless hours on theory does not make a better trader. The decisive edge comes from mastering psychology and tailoring risk-management to one's personal tolerance. Over-studying without mental discipline creates false confidence and costly mistakes.

View full episode →

Similar insights