Trading Management and Psychology

Trading psychology refers to the mental state and emotions of a trader that determines the success or failure of a trade. It represents the aspects of a trader's behavior and characteristics that influence the actions they take when trading securities.

A professional trader knows that in trading it's 10% and the rest 90% is psychology. If you mastered the psychology in trading then you have almost cracked the code of trading. Psychology is a big factor in trading, it can make or break the trader from the market.