How Does a Fixed Mindset Affect Our Trading?
2 min readMay 28, 2021
The work by Dr. Carol Dweck has found that there are two types of mindset, the fixed mindset and the growth mindset.
In a fixed mindset, people believe their basic qualities, like their intelligence or talent, are fixed traits. They spend their time documenting their intelligence or talents instead of developing them. As a result of this, failures become a personal reflection of their…