Ep 162: Emotions In Trading: The #1 Account Killer - Here's How To Deal With Them
But when a trade goes against you, you will experience a lot of emotions:
Fear, anxiety, regret, doubt, maybe anger, ...
... and these emotions in trading can lead to some bad decisions that could kill your account.
I want to show you how to deal with your emotions and how to control your emotions in trading so that you become a more relaxed trader.
Recommended Links & Videos:
Unrealized vs Realized Profits: Open Profit and Loss Explained: https://youtu.be/fOOi5401UC0
Wheel book: https://www.rockwelltrading.com/wheel
Rockwell Merchandise: https://store.rockwelltrading.com/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLB
PowerX Strategy Book: https://bit.ly/2wMQ7zW
What Can I do? The Circles of Concern and Influence Article: https://bit.ly/3vas2f4
Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.
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