#TradingPsychology Trading psychology encompasses the emotional and mental aspects that influence traders' behavior. Key elements:
1. **Emotional control**: Managing emotions to avoid impulsive decisions.
2. **Discipline**: Adhering to the trading plan and strategy.
3. **Risk management**: Setting stop-losses according to risk tolerance.
4. **Confidence**: Building confidence through learning and experience.
5. **Overcoming biases**: Awareness of cognitive biases that may affect judgment.
6. **Attention and self-reflection**: Analyzing past trades to improve decision-making.
Mastering these aspects helps traders improve outcomes and develop a resilient approach to the market.