I’ll try to implement something like … Better take a small loss than a small gain when I have an edge. Otherwise I’ll be forever missing large gains … Let’s see.
It's an interesting question. Obviously the market or stocks have no agency but aggregate trading strategies are often based on exploiting over or under-reaction to price and volume patterns so traders as shrewd as Larry Williams can speak of the market as if it did have agency. More broadly, it's spoken of as the Pain Trade: https://www.babypips.com/forexpedia/pain-trade
Minervini's Master Trader Programs are over $5000 a piece. Mark Ritchie 2 attended them for over 10 years. Thats a lot of money. Mark's father was a very successful Trader so the Son wouldn't have been attending a Bum's Seminars for over 10 years. Mark has stated, its "the nuances" of his program that make him Rich. My interpretation: its the Art of applying his strategy. Didn't someone say David Ryan was up 1400% for the last few years. Both run similar Minervini/O'Neil strategies.
%% LOL Actually i had a similar thought on one of the first trades i did. AS IF= ALL in the markets were waiting for my first odd lot+ THAT's the best elevator sell or crash signal HE could profit much more, as you noted \ getting rid of his false beliefs. ''ES..... up + elevator down'' = another problem attitude +wrong excuse . Another problem he has \5-6.66 minutes is no pro benchmark\ that maybe an elevator down; Main benchmark is SPY + related, its about 7.777% YTD+ about 12% annual, depending on when one starts......... That misses the main points when one using the known faster market drops as some sort of excuse. HOPE this helps/it helps me
But if one were to accept this belief then one would necessarily have to take responsibility for the results of one's trading, which not something many are wont to do.