Metacognition

Stress Resilience

Thinking about your thinking - understanding how your mind works. Awareness and understanding of your own thought processes. In trading, it's the ability to step back and observe how you're making decisions, not just what decisions you're making. Example: Mid-trade, you notice 'I'm rationalizing holding this loser because I don't want to be wrong.' That observation of your thought pattern - thinking about your thinking - is metacognition in action.