when traders face losses emotions works double that is really challenging for a trader to survive in this volatile trading place.
Agree!Having a strong mind is an important aspect of successful trading, as it allows traders to make sound, logical decisions and to remain disciplined and focused. If you have a good trading plan in place, then you can manage things better.
I always ensure that I have a clear and disciplined trading strategy. This includes setting specific entry and exit points, as well as identifying the risk-to-reward ratio for each trade. It is also important for us traders to control emotions and not let greed or fear influence our decisions.
there is no one who can control emotions for all time , sometimes you will be attacked by emotions must after having good experience. this is common
i generally fail to control emotions when making a huge losses , after that i trade over and over and at the end of the day fall a great trouble.
over trading is very common mistake for all kinds of traders, especially for the beginner level. due to this bad trading habit, most of the beginners lost their whole equity.
Emotion management comes with practise and experience. Beginner traders often will fail this as they have never trade with real money before.