#交易心理学 The Invisible Battlefield of Successful Trading: How to Tame Emotions and Biases?
In market volatility, fear, greed, and FOMO (Fear of Missing Out) often become the greatest enemies. True trading experts are not devoid of emotions but are deeply aware of the rules of psychological games.
1. Emotion Management: Put a “Brake” on Impulsiveness
- The Cycle of Fear and Greed: Panic selling during a crash and chasing high prices during a surge — this is a typical pattern of retail investors losing money. My coping strategy is to set stop-loss and take-profit points in advance (for example, -5% stop-loss, +20% partial take-profit) and replace intuition with rules.
- The Antidote to FOMO: When the market is euphoric, I ask myself: “If I miss this wave, does my strategy still hold?” The answer is usually yes. By giving up short-term opportunities, one can grasp the essence of trends.
2. Combatting Cognitive Bias: Beware of the “Traps” of the Brain
- Confirmation Bias: Only focusing on information that supports your viewpoint? I require myself to **write down opposing reasons before every trade, such as: “Bullish, but the Fed's interest rate hike may suppress the rebound.”
- Sunk Cost Fallacy: Want to “hold on to recover losses” after a loss? I strictly enforce the “Three-Day Rule” — if a position lacks logical support after three days, exit immediately.
3. Discipline: Turn Plans into “Muscle Memory”
- The Magic of Trading Journals: Daily record the reasons for trades, emotional states (such as “anxiety due to news led to early closure”), and quantify emotional error rates during weekly reviews.
- Mechanical Execution Method: Use conditional orders/algorithmic tools instead of manual operations to avoid impulsive trading during the day.
Conclusion: The market is a mirror, reflecting human weaknesses. Only by weaponizing psychology can one evolve from being “harvested” to becoming “anti-fragile.”
