Self-Fulfilling Prophecy Disciplined Trading Strategies

A self-fulfilling prophecy is a prediction that comes true because someone believes or expects it to come true. This concept is very alive and well in trading. I actually refer to it quite often and it’s not always in a negative way. It has its place in certain situations, although it has a very “soft” use. It sort of gets into the concept of subjective versus objective. A few Podcasts back I talked about the difference between subjective and objective when it comes to trading in general, but...