One of the most important factors for success in financial markets. It concerns understanding the impact of emotions and psychological behavior on trading decisions. Fear, greed, hesitation, and overconfidence can lead to significant losses if not controlled. A successful trader adopts a disciplined mindset, adheres to a clear trading plan, and learns from mistakes without getting carried away by emotions. Learning risk management and patience are essential skills that stem from psychological awareness. Developing this aspect enhances the trader's ability to make rational decisions in a volatile and pressured environment. Remember: the market does not forgive emotion.