M.E is an acronym I use to remind myself every day, the one tool I must use and react to any emotional imbalances that can occur/build up when I trade.
This reminds me that I must make my decisions based on my objective mind, not my emotional mind.
Now I am not saying that once I tell myself M.E, then everything is fine, it’s a deterrent that I use to create awareness of my emotions when I am in a trade that may not be going my way. It is also applicable to profitable trades. Many times I have questioned myself when I have profit in a trade: ” should I hold this” or ” this is going to the moon”.
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