HOW TO CONTROL EMOTIONS IN TRADING 💥🫣

🚨Here are trading rules to help control emotions

💥 Define Entry and Exit Criteria: Enter trades only when specific technical or fundamental conditions are met. Avoid emotional decisions.

💥Set Stop-Loss Orders: Predefine the maximum loss you're willing to take on each trade to limit emotional stress.

💥 Use Take-Profit Levels: Decide in advance where you'll exit with a profit, avoiding greed-driven decisions.

💥Position Sizing Rules: Risk only a small percentage (e.g., 1–2%) of your capital per trade to manage fear and overconfidence.

💥 Stick to a Trading Plan: Follow your strategy consistently; avoid deviating due to excitement or panic.

💥Trade Only in Familiar Markets: Focus on markets you understand to reduce uncertainty and emotional triggers.

💥Avoid Trading During Volatility Without a Plan: High volatility can trigger impulsive decisions. Trade only if it's part of your strategy.

💥Limit Daily Trades or Losses: Set a maximum number of trades or loss amount per day to prevent overtrading.

💥 Take Breaks: Step away after significant wins or losses to avoid emotional bias in subsequent trades.

💥 Review Performance Regularly: Analyze trades objectively to learn and refine your rules, reducing emotional reactions in the future.

🥰Along with all this, you should get good sleep and keep yourself healthy🤗

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