Trading and Emotions

Discussion in 'Psychology' started by BuySellSideTrader2020, Nov 8, 2018.

Have you been through a similar situation?

  1. Yes

    85.7%
  2. No

    14.3%
  1. Wheezooo

    Wheezooo

    Or, in the immortal words of Tony Montana... "You gotta get the money first. then..."
     
    #51     Nov 12, 2019
  2. GotherL

    GotherL

    The new breed of traders are Daytrading momentum millennials who trade small caps and usually they have very small accounts. They get hit much harder when it comes to emotional trading as there are so many more factors in that strategy that can lead to fomo, fear of losing, anger etc.
     
    #52     Nov 16, 2019
  3. daffodal

    daffodal

    You need to learn to control your emotions, start playing chess, for example, it's kind of mental gymnastics, which helps me a lot. Actually, I went into it after finding out that Ildar Sharipov (the founder of InstaForex) is a chess player, I even found his first games: https://www.365chess.com/players/Ildar_Sharipov
     
    #53     Dec 4, 2019