#TradingPsychology
In the world of trading, mastering emotions is the real key to long-term success. During periods of extreme volatility, I control fear, greed, and FOMO by strictly sticking to my trading plan and only making decisions after calmly reviewing the facts.
I use strategies like maintaining a trading journal to track and spot cognitive biases such as confirmation bias or loss aversion, and I constantly work on improving my decisions based on objective analysis, not emotions.
Discipline is my ultimate edge: I pre-define my entry and exit points and stick to strict risk management rules without exceptions. Regularly reviewing my trades helps me grow and overcome any weaknesses.
Trading is a mental game before it’s a financial one!