How traders beat FOMO - psychology of traders who are good at losing- warren

How traders beat FOMO - psychology of traders who are good at losing

Warren's Trading Titans

warren

So I’ve been thinking and reaserching about trading psychology for the past month or so. Comes down to always have long term perspective in your mind. Current loss or win does not mean anything, but wins or loses of 1000 trades do.

“What you value is more important than what you feel in the moment”

With being mindful about your emotions during the trade, you can dissolve a tendency to make certain actions for short term feelings, because you know deep inside that what matters is really so many trades away so you need to do the best to follow the trading plan.

I took some of it from a channel called Trading Composure on YT, he changed my views on the market for sure.

Stay consistant.

Last updated: 11/28/2023 06:52

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