What is Psychotrading and Why is it Key in the World of Investments?
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Psychotrading is the discipline that works on emotional and mental control in financial decision-making. Its objective is to help investors stay calm and act rationally, avoiding falling into emotional impulses such as fear or greed.
Why is it important?
In trading and investments, not only technical or fundamental analysis matters, but also the ability to manage emotions under pressure. This is where psychotrading comes in:
It controls stress in situations of high volatility.
It avoids impulsive decisions due to fear or euphoria.
It promotes discipline to follow predefined strategies.
It increases confidence by acting with logic and not by feelings.
