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Overcoming human nature in trading requires a multi-faceted approach, including formulating and strictly executing trading plans, enhancing emotional management, and continuous learning, gradually cultivating good trading habits and mindset. Here are some specific methods to overcome human nature in trading:

Formulate and execute a trading plan


Clarify trading goals and risk tolerance: Before trading, determine clear profit goals and the maximum acceptable loss based on your financial situation and investment expectations. For example, plan to achieve a 20% return within a year while accepting a maximum loss of 15% of the principal.
Develop detailed trading rules: Include when to buy, sell, stop loss, and take profit. For example, in stock trading, set a stop loss when a stock price drops by 10% and take profit when it rises by 20%.
Strictly execute the trading plan: Once a plan is made, it must be executed resolutely, unaffected by emotions and short-term market fluctuations. For instance, in crude oil futures trading, even if there are significant market fluctuations, as long as stop loss or take profit points are not reached, the position should be held as planned.


Enhance emotional management


Stay calm and rational: Avoid impulsiveness when trading. In the event of significant market fluctuations, use deep breathing or temporarily leave the trading interface to calm down and objectively analyze market conditions.
Learn to control emotions: When greed arises, such as wanting to earn more during profits and being unwilling to take profits, or fear arises during losses, such as being afraid of further losses and rushing to stop loss, remind yourself to treat the situation rationally and execute according to the trading plan. For instance, set up reminder slogans next to your computer.
Engage in psychological adjustment: Relieve trading stress through exercise, meditation, travel, etc., and maintain a good mental state.


Implement risk control


Allocate funds reasonably: Use a diversified investment approach to allocate funds across different types and markets of assets, reducing the impact of single asset volatility on overall assets. For example, invest 30% of funds in stocks, 30% in bonds, 20% in funds, and 20% as cash reserves.
Set stop loss and take profit: Stop loss can control losses, while taking profit can lock in gains. For example, after buying gold futures contracts, set a 5% stop loss and an 8% take profit. Automatically close the position when the corresponding price level is reached.
Avoid overtrading: Reduce unnecessary trades, avoid increasing costs and the probability of mistakes due to frequent trading, and patiently wait for opportunities that meet the trading system.


Continuous learning and practice


Learn trading knowledge: Deeply study market rules, trading skills, risk management, etc., through reading professional books, attending training courses, consulting industry experts, and improving trading abilities.
Summarize trading experiences: Regularly review trading records, analyze successful and failed trading cases, summarize lessons learned, and continuously improve trading strategies.
Simulated trading practice: Before real trading, familiarize yourself with the market and trading process through simulated trading, hone your mindset and trading skills, and accumulate experience to prepare for actual trading.


Establish a supervision mechanism


Collaborate with others: Supervise each other with trading partners. When one party deviates from the trading plan or is influenced by human weaknesses, the other party should remind them in a timely manner.

Seek professional help: Seek help from professionals such as investment advisors or psychological counselors to obtain expert advice and guidance to overcome human weaknesses.
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