STEP 3/5. Psychological Preparation
The subscriber shared their experience: with 100$ they earned $700, but lost everything due to a feeling of not earning enough. Trading turned into gambling addiction.
It is important to consider risk management. My 3-level trading system helps even with emotions. Thanks to it, I have never blown my deposit.
Emotions are present in everyone, even experienced traders. But beginners do not know how to manage them.
Tips for balancing:
* Take a break when emotions overwhelm you.
* Determine a comfortable number of trades and acceptable drawdowns.
* Record your emotions and actions after each trade.
Psychology is an important part of the system, even more important than analysis and risk management. In the video, I will explain how to break out of the vicious cycle of gambling addiction.
👍 For those who recognize themselves, and 🔥 for those who think this is not about them.