Learn how our top analysts, fund managers and successful students deal with psychological trading struggles such as:
- I jump in too quickly because I struggle with FOMO.
- I struggle with having the confidence to take a trade even after doing my analysis.
- I’ve had a string of losing trades and can’t seem to get back on track or am recovering from a big loss.
- I struggle with bringing my stop loss to BE too quickly.
- I struggle with ‘hindsight analysis.’ I’m always switching and tweaking my strategy to get it ‘just right.
- As soon as I enter a trade, I doubt my reason for entry and cut the trade for a small profit or loss.
- I beat myself up for missing a trade opportunity.
- I fear a profitable position evaporating...so I’m always just taking a few pips when I could be taking a lot more.
- I am itching to take a trade so I wind up making a bad decision.
- How do I practise mindfulness in my emotions? Example: Knowing when I’m in a bad frame of mind and shouldn’t be trading.