One very thing that I have come to realize is that emotional swings are inevitable in trading. You can be feeling so confident and on top of the world after securing a huge profit, then suddenly the feeling of frustration and anxiousness sets in after a loss or setback. It's sometimes a rollercoaster.
What has always been helping me whenever this happens is to step away from the screen of my phone or laptop( as the case may be). I also try to stick to a plan, once I have set my entry and exit I try very much not to second guess cos the market is moving. Journaling my trade also helps me to notice patterns in my emotional response.
It's really not an easy one, but learning to stay calm and focused has really helped make better decisions. How do you manage you emotional ups and downs that comes with trading, love to hear your responses.
Just follow your plan, so stick to it. It's kind of hard when you think that you're already in profit and then you think that there's more to it. Satisfaction and contentment are going to play great part on your emotional control. Do not be greedy and take your profits simply. Don't be so futuristic with your mind when it comes to profit, we will never hit the top for taking profits but at least get close to it when you're taking it. I've sold too many times during the early day and that's probably why I have practiced being contented upon selling but I have a part of my stash that's good for long term holding.