In the markets, a Growth Mindset become even more important. Prices change all the time. No matter how good we are, we will experience losing positions, drawdowns and have to grapple with our emotions.
The markets are dynamic, a place of constant changes, and we need to have a mindset that allows us to be constructive rather than to beat ourselves up if we get something wrong.
In the markets, we will inevitably experience setbacks or failures—the test is how we respond or bounce back from them. And the Growth Mindset is the way to do that.