Trading Psychology, and How to not be a Retard
I've been in the game a while now, I do forex with 30x leverage and options every now and then, I am comfortably profitable and it's my source of income. Early on, I used to get super fucking dumb about my trades and would be super emotional so I've compiled a list of things to do to avoid that:
Stop checking your P&L every 2 minutes, when I make a trade, I set a strict TP and SL, and I don't look at the trade
Eliminate FOMO. Stop telling yourself if you stayed in for another day you would've made 5% more. You didn't stay in another day, so get over it you dumb fuck.
"Thous't who is not a dumb fuck will win" -
hope that helped
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Mani Cai : straight to the point![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
MHfinOP Mani Cai: Happy trading