And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.
Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.
That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.
The concepts of perseverance and consistency apply wherever people establish themselves for work and these two things will lead to the ability to continue despite experiencing initial setbacks before experience. Yes, it's good to complement each other and maybe the more suggestions the more people will have more choices when deciding on something.
yes you are right, because indeed controlling emotions is to take time to process for a long time, in other words, all storms must be faced and even in the storms that always appear when we are in the lesson to understand how to beat it and when we can beat it then we will find an experience and knowledge in that difficult process, this can be related to any aspect of business in any field, there is always a key where we will find a similar or new gap like experts in the field of trading.
The study of physiology is very difficult, but with the concept of perseverance will find a way, profit and loss is a common thing in trading but many people are not used to failure that makes them quickly give up on this field so that more people fail than succeed.