How to Control Emotions & Stay Disciplined in Trading
1. Fear
What happens: You don’t take a trade or close it too early.
What to do:
Start with small trades.
Remind yourself: “There will always be another chance.”
2. Greed
What happens: You don’t take profit or you overtrade.
What to do:
Set a profit target and stick to it.
Stop trading after reaching your goal.
3. FOMO (Fear of Missing Out)
What happens: You jump into trades late.
What to do:
If the setup is gone, skip the trade.
Wait for your own strategy to give a signal.
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Common Mistakes (Biases)
Thinking you’re always right: Look at both bullish and bearish sides before a trade.
Chasing trends: Just because something went up yesterday doesn’t mean it will today.
Getting overconfident: Don’t risk more just because you won a few trades.
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How to Stay on Track
Make a simple plan: Know your entry, stop loss, and take profit before the trade.
Use the same rules every time: No guessing.
Keep a journal: Write why you took the trade and how you felt. You’ll learn fast.
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Tips That Help
Think about the next 100 trades, not just this one.
Take a break if you lose 2 trades in a row.
Don’t trade when you’re angry, tired, or emotional. #TradingPsychology