Post
Topic
Board Trading Discussion
Re: Peace of mind, the best trading strategy!
by
pusaka
on 19/12/2024, 14:57:22 UTC
Calmness is very important in trading, because it will affect the decisions we will take. Once we are affected by emotions, everything will fall apart. It is better when we feel uneasy or start to feel anxious, it is better for us to stop for a moment to restore unstable emotions. Some people experience losses not because they lack knowledge, sometimes they experience big losses because they force themselves to continue trading when emotions are unstable. Although we can be said to be able to recognize emotions, sometimes emotions come suddenly and will be very difficult for us to control, the choice is to stop for a moment.
In fact, while trading, how much more you calm keep your mind relax, you can able to do better research the market and trade fully correctly. Because in order to apply the right market research and the right strategy in trading, you must first keep your mind calm. Because if your mind is not calm, you can make mistakes in market research, and if the market research is wrong, you cannot use the right strategy, as a result you will have to face losses.
And during trading, you must have a tendency to stop at any moment, because when a trader loses, many traders continue to trade emotionally, not caring about how much they have lost, as a result they end up facing losses beyond their capacity.
So you must develop the habit of stopping at any moment, because this can save a trader from suffering big losses.
That's the point, even in any case, peace of mind will greatly affect the decisions that will be taken. I will take an example in sports, for example football. When a player is emotional, then the player will no longer be able to carry out a strategy that has been prepared well, even that will affect other players too. That's why we know in football that usually opponents will provoke emotions, because that will make them no longer focus on the match. Well, this will be the same in trading too, even though we are alone, but emotions will be caused by many factors, one of which is because in the previous trade we experienced a loss, maybe it was also an external problem that was still remembered so that it triggered uncontrolled emotions.