Observing emotions to trade well

Tags anger, bet, emotional state, emotions, greed, gut feeling, hesitation, inner voice, little voice, money focus, revenge, stress, wrong side

While trading You all just watch emotional state of mind more than the price action. This will help u to trade

better

Here are some of the emotions I feel from time to time and what they mean to me in context of trading

1) hesitation to pull the tigger – something is not right – don’t take the bet

2) anger – start of revenge trading – stop ASAP

3) uncomfortable while watching or not watching the price – non aligned with the market, trading with too much size – reduce size or quit

4) ignoring the little voice and gut feeling – trust the inner voice and take action

5) trading on hope – quit asap

6) thinking after hours or during market hours of money you can make = greed, impatience to make money – focus on how much you can lose

7) stress = wrong side of the market

feeling joy = right side of the market