PSYCHO-TRADING WHAT THE GURUS
DON'T TELL YOU
Nowadays, you can find a large number of so-called Millionaire GURUS with the magic Strategy that will make you earn thousands in just days, only to end up scammed and with less knowledge than before. Many people who have good results only talk to you about strategy and analysis, and along the way, something fundamental is forgotten.
There are two very important things that, if you put them into practice, will mark a before and after in your life, two words that may go unnoticed but carry a lot of power: DISCIPLINE and CONSISTENCY, with discipline being the correct knowledge of what needs to be done and doing it no matter what. These things can define success in all areas of your life.
PSYCHO-TRADING: It is applying psychology in trading to manage your emotions correctly. Good emotional management will allow you to identify your emotions and not trade out of greed or revenge. The discipline of good management will give you confidence and calmness when analyzing, patience to wait for the right moment, and consistency to repeat this process correctly.
The Reward comes afterward: The reward will be much greater than the sacrifice and effort, but you must understand that the reward comes afterward; there is a time to sow and a time to reap.
Trading is a challenge; trading in the spot market or in futures is a challenge that can make you fall. You need to use your most powerful weapon: your mind. Use it in your favor to strengthen your emotions; with Discipline and Consistency, you will have a higher probability of overcoming the challenges that the market presents.
Tell me what you think, do you consider good emotional management important, or am I completely wrong?
