When engaging in trading, it seems like we are playing with the market, but in reality, it is a struggle with ourselves. Many people trying to trade constantly believe that the market is too cunning and that they are just unlucky, but in fact, the biggest enemy is often themselves.
Speaking of psychology, when the market fluctuates even a little, our heart starts to panic. When the price rises, we fear a drop and quickly sell, resulting in missing out on a significant increase; when the price falls, we can't accept stopping our losses, hoping for a recovery, and ultimately lose even more. This means that fear and greed lead us, preventing us from calmly analyzing the market.
There are also issues of execution; we develop a trading strategy in advance, but when it comes time to act, we either hesitate or hope for luck. For example, we set a stop-loss point, but when we get to it, we can't let go of the asset, hoping that the price will come back, and this expectation can only deepen our problems.
