Management and Psychology

Trading Psychology simply refers to the feelings and emotions of a trader experiences and the associated actions the trader takes as a result. Just like in any other aspect of life, understanding how our mind works can improve our ability to trade better, take more informed, rational decisions and calculated risk.

How do I master my trading psychology?
What is Trading Psychology? ...
1) Create a Trading Plan. ...
2) Take Regular Breaks. ...
3) Don't Quit Your Day Job. ...
4) Accept That You Will Lose. ...
5) Practice, Practice, Practice. ...
6) Use a Take Profit and a Stop Loss. ...
7) Backtest Your Trading Strategy.
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