WHY YOUR BRAIN IS HARDWIRED TO LOSE MONEY๐ง ๐ต
As someone from Psychology background Iโve been analyzing why so many traders do โpanic sellโ at the worst time ever. The answer is not in the charts, its in our biology!
Loss aversion is a psychological trigger happens when the fear of loss overrides rational decision making. When the markets dips the brain goes to the โflight of fightโ mood. Leading to impulsive trades that makes traders regret.
How to defeat your biology? ๐งฌ
1.Name the emotion : when you feel panic understand and acknowledge it!
2. The 10 minutes rule: never trade during high anxiety. Step away from the screen for few minutes.
3. Data over Drama: look at the long term trend not the 5 minutes candle.
Dont let your brain hijack your portfolio. Stay disciplined!๐ก๏ธ
#write2earn #psychology #LossAversion #psychologyofmoney #TradeSignal $BNB $BTC $ETH