Note

TRADING PSYCHOLOGY IMPORTANT POINTS TO TAKE INTO CONSIDERATION

· Views 186

#OPINIONLEADER#


1). BE AWARE OF YOURSELF AND NEVER TRADE WHEN YOUR EMTIONALLY UNSETTLED DUE TO WORK, FAMILY OR RELATIONSHIP ISSUES.

2). WHEN YOUR AT YOUR TRADING STATION LOOK AT YOURSELF FROM A THRID PERSON PERSPECTIVE. LOOK AT YOURSELF IS EVERYTHING OK ARE YOU FOLLOWING THE RULES ?

3). BE HONEST WITH YOURSELF AND DON’T COMPLICATE THINGS WHEN A TRADE TURNS AGAINST YOU. DON’T SECOND GUESS YOURSELF. DETACH YOURSELF FROM THE POSITION. DON’T INTERFERE WITH THE TRADE ONCE IT’S ON.

4). AVOID CONFIRMATION BIAS AND INVOLVING YOURSELF IN TOO MANY GROUP AND PARALYSING YOURSELF WITH TOO MUCH INFORMAITON.

5). TRADING IS EXTREMELY DIFFICULT DON’T BE TOO HARSH ON YOURSELF. MOVE ON AND LEARN FROM YOUR MISTAKES. DON’T REVENGE TRADE.

6). AVOID THE CYCLE OF DOOM AND KEEP YOURSELF ACCOUNTABLE.

7). MEDITATE, PRACTICE MINDFULLNESS AND WORK ON DEVELOPING YOUR EMOTIONAL INTELLIGENCE.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

the longer I traded, the easier it was to ignore the rules, so I made a lot of mistakes
FxScotty
Author
It's ok to make mistakes just learn from them and keep going :)

-THE END-