Casino mindset in trading: slot machine rewards reinforce wrong behavior, overtrading stems from predictable causes.

Trading your P&L, the casino mindset. Sometimes you're rewarded for doing the wrong thing, right? You're pulling that slot machine and you're given a reward even though you didn't deserve one. Again, too much screen time. You're trading your P&L and of course, doing nothing feels bad, right? Feels like you're not doing your job. You're just sitting there waiting. We just talked about doing nothing sometimes is part of the job, a really big part of the job. So over trading can be relatively predictable. It's not necessarily a discipline problem. It usually stems from one of these four things. Obviously, there's a few more. All right.