#TradingPsychology

#TradingPsychology: why psychology is more important than strategy

You may know dozens of indicators, use cool trading strategies, but… if you can't control yourself — the market will "devour" you.

Trading psychology is 80% of success.

Here’s what traders most often face:

— Fear — prevents entering good trades or makes you close positions too early.

— Greed — holding a position longer than necessary, hoping for even more profit.

— The desire to get back — the most dangerous trap. After a loss, you enter the next trade emotionally.

— Overconfidence after a couple of successful trades — and there you are already ignoring the rules and losing your deposit.

How to work with emotions?

Always have a trading plan.

Use stop-losses and take-profits.

Keep a trader's diary — analyze not only trades but also your state.

Do not trade in a bad mood. The market is not a place for emotional release.

Remember:

You don't control the market, but you can control yourself.

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