Trading mindset: What you lose is not money, but emotions.
In the world of trading, what truly determines success or failure is not the market, but your mindset. Many people think that losing money is due to insufficient skills, but in reality, emotions are the biggest enemy.
1. Do you have "loss aversion syndrome"?
Many people panic when they lose money, starting to trade frequently, add to their positions, and hold onto their trades, hoping to "break even." But the market does not move according to your emotions; the more impatient you are, the more likely you are to fall into a bigger trap.
View OriginalIn the world of trading, what truly determines success or failure is not the market, but your mindset. Many people think that losing money is due to insufficient skills, but in reality, emotions are the biggest enemy.
1. Do you have "loss aversion syndrome"?
Many people panic when they lose money, starting to trade frequently, add to their positions, and hold onto their trades, hoping to "break even." But the market does not move according to your emotions; the more impatient you are, the more likely you are to fall into a bigger trap.