"A Trader's Mind"

 

Fear – Distress Over Losses: Psychologically, our minds process losses as more significant than a gain of the same amount. In trading, our fear of being wrong will often be used as a reason for staying in a losing position which leaves our accounts vulnerable to larger losses.

The most important part of trading is risk management. If you have a consistent and objective approach to risk management it will allow you cut your losses fast, and hold on to your profits!

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Emotion vs. Logic In A Traders Mind (Infographic)
Emotion vs. Logic In A Traders Mind (Infographic)
  • 2015.06.23
  • alphatrends.net
Jun 23, 2015 See the below Infographic “Emotions vs. Logic In The Market” to visualize differences between emotional traders and a more successful objective approach If your anxious and your heart is beating when you’re in a stock, your position size is most likely too large. Fear and greed the two strongest emotions that can and will...