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Emotional Control
- The experience of trading often mirrors the intense ups and downs of a rollercoaster, marked by the highs of financial gain and lows of monetary setbacks. This emotional journey is encapsulated in whatâs known as the âTriangle of Emotionsâ, comprising greed, fear, and hope that pose considerable emotional tests for those engaged in trading.
In response to these emotive hurdles, exercising restraint and forbearance stands paramount. Seasoned traders control their feelings through strict adherence to a methodical trading strategy while incorporating techniques for mitigating stress, alongside periodic intermissions from trading activities to ensure mental clarity is preserved.
