đĄ "If you can learn to create a state of mind that is not affected by market behavior, the struggle will cease to exist."
đ Trader and expert in trading psychology - Mark Douglas, recognized for his approach to trading psychology, teaches that mastering the state of mind is essential to survive and thrive in the financial markets. Amid headlines like those of September 2024, where geopolitical news, technological hacks and climate crises shake up the markets, emotional control and discipline become even more important.
Let's look at some of the most shocking headlines of the month:
Saudi Arabia promotes peace in the Middle East đ
OpenAI hacking creates chaos đ
Crisis in Lebanon: 90,000 displaced by bombings đBitcoin hits $65,000 amid global tensions đ°
Mahmoud Abbas accuses Israel of genocide in Gaza before the UN đïž
Russia warns the West: Helping Ukraine is a "suicidal escapade" â ïž
In a world as volatile as the one these headlines show us, it is easy to lose focus. Douglas insists that, to succeed in trading, accepting uncertainty and letting go of the fear of losses is key. The mindfulness and positive visualization techniques he recommended help manage anxiety when markets seem unpredictable.
âšEmotional stability and detachment from immediate outcomes are essential to successfully navigate this uncertain environment in the coming days.
