#TradingPsychology
Successful trading isn't just about strategy—it's about emotional discipline. A study by MIT Sloan (2023) revealed that traders who actively managed emotions outperformed impulsive traders by up to 20% annually. Early in my journey, FOMO and panic selling wrecked my trades. Now, I journal every trade, use a cool-off rule after losses, and stick to a well-defined plan. I also avoid overtrading by limiting myself to a max of 2 trades a day. Developing mental resilience has helped me stay calm during crashes and patient during bull runs. If you can master your psychology, profits naturally follow.