Do you want to stop sabotaging your trades?
Use these 5 techniques to master your trading emotions:
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Use a Pre-Trade Checklist
Don’t let excitement make you forget the basics.
- Make a list of things to check before every trade
- Include both technical and emotional readiness
- Never trade unless you complete the whole list
Celebrate Small Wins
Build a positive mindset over time.
- Reward yourself for following your trading plan
- Focus on good decisions, not just profits
- Keep a list of your successes to review on tough days
Set Clear Risk Limits
Protect yourself from fear and greed.
- Decide how much you’re willing to lose before trading
- Use stop-loss orders to stick to your limits
- Never change your limits during a trade
Practice Virtual Trading
Build confidence without risking money.
- Use a demo account to try new strategies
- Pay attention to your feelings during practice trades
- Only move to real trading when you’ve proven you’re ready
Take Regular Breaks
A fresh mind makes better choices.
- Step away from your screens after every win or loss
- Use this time to stretch or take a short walk
- Come back with a clearer, calmer outlook
To learn more about How you can Start Trading for a living, sign up below for my Free Training on the “7-Steps to Financial Freedom through Trading”.
