EdgeOverEmotion

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You don't get paid to be right, you get paid to wait

stocktradingwallpaper Just because a strategy works it does not mean that it will work for you. In order for a strategy to work you need to become your strategy and be robotic with your trades. Your Edge matters more than your Emotions.

1. What was your main reason for entering the trade?

2. How many trades had you taken before this losing trade?

3. What was your emotional state before entering the trade?

4. Did you follow your trading plan for this trade?

5. How did you react immediately after the losing trade?

6. How do you feel right now?

Frequently Asked Questions

Trading psychology refers to the emotions and mental state that help dictate success or failure in trading. Read More →

Revenge trading is an emotional response to losses. Recognizing triggers and setting rules is key. Read More →

Overtrading usually stems from boredom, FOMO, or lack of a system. Discipline solves it. Read More →