Totally hear you on the “mindfulness” trend possibly being the kale smoothie of trading advice-good in theory, but hardly gonna turn you into Warren Buffett overnight. Most traders I know who’ve stuck with trading long-term say the best results came after they got super disciplined with their process-risk management, journaling, refining setups, all that fun stuff no one writes bestselling books about.
To your point, there aren’t exactly peer-reviewed studies showing a direct pip-for-pip ROI from meditating daily. Can being less impulsive help you follow your plan? Sure. Is it the secret sauce? Doubtful. For a lot of folks, after the “ah-ha” wokeness fades, it’s just back to grinding, logging trades, and managing FOMO. If there’s a true mindfulness Jedi who can show their equity curve did a 180 after some deep breathing, I’d love to see it. Otherwise, it sounds like mindfulness is just a nice bonus, not a magic bullet.