Master your emotions and trading psychology
I don’t know what felt worse. A trade hitting my stoploss quickly or a trade that took 1 week and giving back all your gains… Probably giving back all your gains. That one was harder to handle than getting stopped out. Trading can be a rollercoaster of emotions, with the highs of winning trades and …
Don’t Let Your Wins Slip Away: The Dangers of Giving Back Your Trading Profits Read More »
My biggest loss came from moving my stop-loss, then moving it again… Then moving it again… Then removing it completely. What was a very small 1R loss grow to over 70R loss!! My first experience that almost put me out of business. Trading is a challenging and dynamic endeavor in and of itself. It’s easy …
Trading in the stock market can be an exciting and rewarding experience, but it can also be emotionally draining and challenging. As a trader, you are constantly faced with the ups and downs of the market, and it can be easy to become a prisoner of your emotions. Fear, greed, and the pressure to make …
Trading can be a lucrative and exciting venture, with the potential for significant financial gains. However, it’s easy to get caught up in the excitement and become overly focused on the potential for a big payout. The desire for a homerun trade, one that will make us rich overnight, can lead to impulsive and irresponsible …
The Dangers of Dreaming About the Homerun in Trading: Why You Should Aim Small Instead Read More »
Trading is an exciting and challenging endeavor that can offer the potential for great financial reward. However, it’s also a complex and ever-changing market that can be difficult to navigate, particularly for inexperienced traders. One of the biggest dangers of trading is thinking about the money, and allowing it to cloud your judgement, emotions and …
Thinking About The Money Can Be Dangerous For Traders Read More »
Trading can be an emotionally charged experience, and even the most experienced traders can be susceptible to fear, greed, and other emotions that can lead to poor decision-making. Overcoming these emotions is crucial to becoming a successful trader, and that’s where these tips come in. In this quick article, we’ll explore the various emotions that …
I remember the first time I tried trading like it was yesterday. I was eager and excited to start my journey, full of hopes and dreams of financial freedom. However, what I soon realized was that trading was a lot harder than it seemed. The ups and downs of the market were intense and, at …
Mastering Your Trading Emotions: A Journey of Perseverance and Self-Discovery Read More »
As a trader, I understand all too well the emotional rollercoaster that comes with trading. Fear, greed, hope, excitement, frustration – it’s all part of the experience. However, it’s not just about experiencing these emotions, it’s about learning to control them and not let them control you. Fear: One of the biggest challenges in trading …
