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Mary
@psymary
How does the emotional state interfere with trading and what to do about it? 1️⃣ Trading is not only the analysis of schedules and strategies, but also psychological stability. Emotions can become both your ally and your main enemy. Let’s figure out what feelings prevent you from making the right decisions and how to deal with it. ❌ What emotions prevent trading? 🔻 Fear Fear of losing money makes a trader avoid transactions, even if they look promising. Fear also leads to premature exit from the position, preventing profits from opening up. 🔻 Greed When the deal is positive, there is a temptation not to fix the profit in the hope of even greater growth. As a result, the market may turn around, and all profits will disappear. Continuation 👇
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Mary
@psymary
3️⃣ ✅ What to do with it? ✔ Fixed risk management Before entering a transaction, determine what percentage of the deposit you are willing to lose and adhere to this rule. ✔ Strict exit rules Decide in advance when you will record profit or loss, and do not change the plan under the influence of emotions. ✔ Meditation and mindfulness Before transactions, it is useful to conduct short breathing or visualization practices to reduce the impact of emotions. ✔ Keeping a trade log Write down your transactions and emotions that accompanied them. This will help to identify repeated errors. ✔ Analysis of astrological aspects Some periods (for example, retrograde Mercury or tense aspects of Mars) can increase emotional reactions. On such days, it is better to reduce activity.
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