Trading psychology is a crucial factor in the success of traders, as emotions like fear and greed affect investment decisions. To avoid these negative influences, it is recommended to develop emotional discipline through techniques such as meditation and mindfulness to remain calm during trading. Setting realistic goals helps maintain focus and avoid frustration, with an emphasis on the process rather than immediate results. Effectively managing risk, such as using stop-loss orders and allocating a small percentage of capital to risk in each trade, protects against significant losses. Accepting losses as part of learning and analyzing them to improve future strategies enhances personal development. Avoiding cognitive biases, such as confirmation bias and overconfidence, contributes to more objective decision-making. Committing to a specific trading plan and keeping a record of trades helps monitor performance and identify areas that need improvement.