Mind Over Markets: Trading Psychology Podcast

The Confidence Gap: Why Conviction Isn’t Enough Until You Execute Without Hesitation


Listen Later

You can have conviction in your process, but if you hesitate when it’s time to place the trade, conviction doesn’t matter. In this episode of Mind Over Markets, George Papazov unpacks the “confidence gap” — the space between knowing your setup is valid and actually executing it without hesitation.

You’ll discover how the gap shows up in hesitation, early exits, over-management, and under-sizing, and learn how to close it through repetition, visualization, and NLP reframes. Confidence is conviction in action — and when you build it, consistency finally arrives.


Key Takeaways

  • Conviction is belief; confidence is belief expressed through execution.

  • The confidence gap shows up as hesitation, cutting winners short, tinkering with trades, or sizing down out of fear.

  • You don’t think your way into confidence — you act your way into it through small, repeated reps.

    • Visualization, anchoring, and process-focused “micro wins” help build confidence under pressure.
    • Confidence turns conviction into consistency — it’s the bridge between knowing and doing.

  • Episode Resources

    ⁠⁠⁠⁠⁠⁠Download the Free PDF:⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠The 5 Most Destructive Loops in Trading — and How to Break Them⁠⁠⁠⁠⁠

    ⁠⁠Leave a Voice Message:⁠⁠⁠⁠⁠⁠ Ask a question, say hello or suggest a future episode on ⁠⁠⁠⁠⁠SpeakPipe⁠⁠⁠⁠⁠

    Rate and Review: If you’re enjoying the show, we’d love for you to r⁠⁠⁠⁠⁠⁠ate ⁠⁠⁠⁠⁠us on Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠on ⁠⁠⁠⁠⁠⁠Apple Podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

    Follow on Twitter: For daily mindset insights and trading psychology content, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠follow me here⁠⁠⁠⁠⁠


    Disclaimer:

  • Futures, options, and derivatives trading involve substantial risk and are not suitable for every investor. The high degree of leverage in futures trading can work against you as well as for you. Past performance is not necessarily indicative of future results.

    The information provided in this podcast is for educational and informational purposes only and should not be construed as specific trading, investment, or financial advice. Nothing discussed constitutes an offer to buy or sell any futures contract, option, security, or other financial instrument.

    You are solely responsible for your own trading decisions, and you should carefully consider whether trading is appropriate for your financial situation, experience level, and risk tolerance. Always consult with a licensed financial advisor, registered broker, or other qualified professional before making trading or investment decisions.

    While efforts are made to present accurate and timely information, the host makes no warranties or representations regarding the completeness, reliability, or accuracy of any information presented and assumes no liability for any losses that may arise from reliance on this content.

    By listening to this podcast, you acknowledge and accept these risks.

  • ...more
    View all episodesView all episodes
    Download on the App Store

    Mind Over Markets: Trading Psychology PodcastBy George Papazov

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    96 ratings


    More shows like Mind Over Markets: Trading Psychology Podcast

    View all
    We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

    We Study Billionaires - The Investor’s Podcast Network

    3,375 Listeners

    Chat With Traders by Ian Cox and Tessa Dao

    Chat With Traders

    1,990 Listeners

    Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

    Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

    103 Listeners

    Bedros Keuilian Podcast Show by Bedros Keuilian

    Bedros Keuilian Podcast Show

    2,267 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,295 Listeners

    Modern Wisdom by Chris Williamson

    Modern Wisdom

    3,806 Listeners

    The Daily Stoic by Daily Stoic | Backyard Ventures

    The Daily Stoic

    4,822 Listeners

    Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) by Cam Hawkins

    Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

    223 Listeners

    My First Million by Hubspot Media

    My First Million

    2,655 Listeners

    B The Trader by Alex B

    B The Trader

    357 Listeners

    The Day Trading Show by Austin Silver

    The Day Trading Show

    59 Listeners

    Huberman Lab by Scicomm Media

    Huberman Lab

    29,254 Listeners

    Motivation Daily by Motiversity by Motiversity

    Motivation Daily by Motiversity

    1,975 Listeners

    Successful by LK

    Successful

    60 Listeners

    Words of Rizdom - Trading Podcast by Riz Iqbal

    Words of Rizdom - Trading Podcast

    14 Listeners