Post
Topic
Board Trading Discussion
Topic OP
How to control your emotions while trading?👨🏼‍💻
by
coinmatics
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.📈

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.⚠️

So, what exactly can you do to prevent emotion-connected issues?

Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻

Don’t be looking at the charts all the time;❌

Use a trading plan ruling how to deal with profits and losses;📝

Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼