#TradingPsychology Effective trading requires managing emotions, biases, and discipline. This involves:
• Staying calm and focused
• Overcoming cognitive biases through diverse perspectives and regular reassessment
• Sticking to a trading plan and risk management strategies
• Handling fear, greed, and FOMO through realistic expectations, discipline, and thorough analysis
By mastering these aspects, traders can improve decision-making and achieve better outcomes.