#TradingPsychology Trading psychology refers to the mental and emotional aspects that influence your decision-making when trading. It’s a key factor in whether a trader succeeds or fails — sometimes even more important than technical analysis.
Core elements of trading psychology:
Fear
Fear of losing money can cause you to exit trades too early or avoid good opportunities.
Greed
Chasing profits can lead to overtrading or holding losing trades too long, hoping they’ll recover.
FOMO (Fear of Missing Out)
Jumping into trades impulsively because others are making money, often at the top of a move.
Hope & Regret
Hoping a bad trade will turn around or regretting missed chances can cloud judgment.
Discipline
Sticking to your plan, using stop-losses, and not letting emotions control your moves.
Patience
Waiting for the right setup instead of forcing trades is a key skill.