If Trading Is 80% Psychology, Why Aren't Monks Rich?

If trading is 80% psychology, why aren’t monks wealthy?
If trading is about discipline, then soldiers will dominate Wall Street.
If a risk occurs for a result that has already happened to you, someone will have to settle your entire account.
Clearly, something is missing…
And this is something most “experts” won’t tell you…
Discipline is the last thing you should focus on developing.
I know. Every trading guru and even their grandmother say:
“You must have discipline!”
I understand that.
When I first started trading, I thought discipline was my problem.
I began with Bollinger Bands, and my first few trades all won.
I automatically…
“I will retire at 30, buy a villa, and have a pool.”
Now, I’m almost 40. No nickname. No profile. And I have 3 people who can run around the house.
Then…
I experienced 5 consecutive losses, and chaos ensued. I thought the strategy was no longer effective, so I tried to find something better.
I tried everything like volatility volume analysis, chart patterns, harmonic patterns, etc.
But the only pattern I saw was my trading account steadily decreasing.
So what did I do?
I automatically…
“You need to add discipline!”
“You need to control your emotions!”
“You need to have rules!”
It didn’t work.
Because the problem is…
You can’t have discipline for something you don’t trust.
Just think about it…
Imagine you have a magic coin.
When you flip it, and it lands on heads, you win $2.
When you flip it, and it lands on tails, you earn $1.
Now let me ask you…
Do you struggle with discipline when flipping this coin?
Would you give up after 5 losses?
Do you need a therapist to help manage your emotions?
Of course not!
You’ll be flipping all day. During breakfast. During lunch. During dinner. Minimize it while going to the bathroom, you’re still flipping the coin with one hand.
(Don’t ask what the other hand is doing.)
Now, why don’t you have discipline issues with this coin?
Because you know the odds are in your favor.
You don’t need to activate anything. You don’t need to place full confirmation trades. You don’t need to spend 30 minutes before the session translating.
You just flip that damn coin.
Now…
Compare most trades.
You use a strategy you found randomly on a YouTube video anytime. You’ve never backtested it. You know it works through 1,000 trades.
Then you wonder why you can’t stick to rules after 3 consecutive losses.
Clearly, delete…
You don’t have a discipline problem. You have a strategy problem.
When you have a proven, effective strategy, something inside you will change.
You gain confidence.
You can’t self.
You follow rules not because you have discipline but because you know the math is on your side.