Board Trading Discussion
Topic OP
How to control your emotions while trading?👨🏼💻 by
on
10/10/2019, 10:31:36 UTC
One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
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Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
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So, what exactly can you do to prevent emotion-connected issues?
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Accept the fact that you cant buy at the lowest and sell at the highest prices;☝🏻
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Dont be looking at the charts all the time;❌
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Use a trading plan ruling how to deal with profits and losses;📝
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Follow your own plans, dont compare your results with results of other traders too often.👨🏼💼