#TradingPsychology
Trading psychology—the mental game behind decisions—often determines success more than strategy. Key challenges include:
- **Fear & Greed**: Fear triggers panic selling; greed fuels reckless FOMO trades.
- **Overtrading**: Chasing losses or overconfidence post-wins derails discipline.
- **Confirmation Bias**: Ignoring red flags to validate preconceived ideas.
- **Revenge Trading**: Emotional retaliation after losses amplifies risks.
**Mastering It**:
- Stick to a **pre-defined plan** with entry/exit rules and risk limits (e.g., 1-2% per trade).
- Journal trades to spot emotional patterns.
- Embrace losses as feedback, not failures.
- Detach from outcomes; focus on process.
- Take breaks to reset mentally.
Trading is a marathon, not a sprint. Control emotions, stay patient, and let logic—not adrenaline—drive decisions.