5 Questions to Diagnose Your Trading Mindset: Take the Test Now!
In the trading market, 90% of losses stem from a collapse in mindset. Five multiple-choice questions can help traders understand their personal trading mindset and provide corresponding adjustment strategies.
1. Responding to Losses
When faced with losses, traders should choose to exit according to their planned stop-loss, calmly analyze market signals, and avoid the trap of loss aversion.
2. Decision on Following Trades
When confronted with others' profitable trades, traders should verify whether it aligns with their own trading system before deciding to follow, to avoid the fear of missing out.
3. Position Adjustment After Consecutive Profits
After consecutive profits, traders should maintain their original position, avoiding being hijacked by dopamine, and make rational judgments based on Bayesian probability models.
4. Emotional Control While Holding Positions
While holding positions, traders should set price alerts and rest assured, avoiding anxiety from micro fluctuations, and view the market from three perspectives.
5. Responding to Continuous Systematic Losses
When encountering systematic consecutive losses, traders should check if the market environment exceeds the applicable scope of their strategy, avoiding a cognitive dissonance crisis.
