1. If trading makes you feel excited or scared, you cannot fully utilize your intelligence.
Excitement can lead to impulsive decisions, while fear can cause missed opportunities. Successful investors respond to market fluctuations with rational calmness; often, we struggle to remain calm and get swept up in market trends. Emotional reactions frequently cause us to miss many opportunities, allowing the market to manipulate us. In the market, emotionality is an unbearable luxury.
Many amateur investors trade frequently out of greed, wanting to act even when there are no suitable opportunities. As a result, they are likely to face a series of losses before fully understanding the situation, potentially ruining their investment careers.
The mindset, feelings, and actions of winners are entirely different from those of losers. To become a successful investor, you must analyze yourself, abandon illusions, and change past ways of thinking and behavioral habits. While change is not easy, it is a necessary process to become a professional investor. Cultivate your temperament and calm yourself, so that you can achieve something.