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In this video, we challenge the popular belief that "trading is 80% psychology" and argue that true success in trading comes from mastering key trading skills. From technical and fundamental analysis to risk management, we dive into the three essential skills every trader needs to develop. We also break down why psychology, while important, is overrated and explain the impact of cognitive biases, emotions, and market psychology (Animal Spirits) on trading decisions. By the end, you'll understand why mastering trading strategies and tools is the real path to consistent profits, not just managing your emotions. ----------------------------------------- Want to learn more about psychology in trading? Check Out These Videos: 🎥 Trading Goals Are Useless! Focus On THIS Instead • Trading Goals Are Useless! Focus On T... 🎥 Trading Mindset Of A 7-Figure Prop Trader (10-Years Full-Time) • Trading Mindset Of A 7-Figure Prop Tr... 🎥 Trading Habits Of Highly Successful Traders • Trading Habits Of Highly Successful T... ----------------------------------------- 🚀 [Watch Now] Discover how I racked up a whopping $171,428.79 USD in trading profits within just 5 months on FTMO! Dive into my strategy: https://links.onlinetradingcampus.com... 📈 Experienced in trading? Fast-track your journey and dive deeper into trading with our FREE 1.4-hour masterclass on how to become a pro trader: https://links.onlinetradingcampus.com... 🔥 Ready to take your trading to the next level? Apply Now for our exclusive trading mentoring program: https://links.onlinetradingcampus.com... 🌐 Visit our Online Trading Campus and discover a wealth of resources: https://onlinetradingcampus.com/ 🎥 Want a sneak peek of where the magic happens? Check out our Trading Campus Tour: https://links.onlinetradingcampus.com... Follow me on Instagram for daily trading inspiration, charts, and behind-the-scenes: / bernd_skorupinski Follow me on Twitter for daily trading inspiration and charts: / berndsko Connect with me on LinkedIn for professional updates and more: / berndskorupinski ----------------------------------------- 00:00 - Introduction 01:30 - The Trader’s Crossroads: Shortcut vs. Long Road 04:00 - The Long Road: Building Consistency and Skills 06:30 - Why Psychology is Overrated in Trading 09:00 - Trading Psychology vs. Market Psychology 11:30 - Animal Spirits: The Market’s Emotional Force 14:00 - The Role of Psychology in Trading 16:30 - The Synergy of Skill and Psychology ----------------------------------------- #PsychologyVsSkill #TradingSuccess #MasterTheMindset