🟢 How to Use Trading Psychology to Become a Better Trader
🟣Think long-term
Set achievable goals. A realistic plan of what you want to achieve helps prevent over-trading or getting too emotional due to unrealistic expectations. It will also help keep your focus on the long-term goal rather than short-term gains or losses.
🟣Take a break
Regular breaks can provide much-needed perspective and clarity on where things stand. If you hit a string of winning trades, step back before you get carried away into overtrading. Additionally, pulling all-nighters will cause you to burn out and as a result, make bad decisions. Breaks are beneficial not only for your portfolio but also for your own physical and mental well-being.
📈 @CoachJ1two3
#ToBeContinued
