Many traders have great systems,
But 95% of them lose because they can't control their emotions.
3 steps to control your emotions:
1) Decrease your risk per trade
- Less money on the table
- Less emotions involved
- Better trading execution
2) Build your emotional control
- Plan. Trade. Repeat.
- Build performance and consistency
- Develop psychological skills
3) Adjust your risk per trade
- Better emotional control (after step 1-2)
- Better risk awareness
- Better trading potential
Adjusting your risk is the best way to control your trading emotions.
If you can control your emotions, you can do anything.
