All levels · Discipline · 6 lessons · about 24 min

Trading Psychology

FOMO, revenge trades and overconfidence. The habits that keep a good read from becoming a bad trade.

  1. 01Why rules beat feelingsThat bias is consistent and well-documented. It pushes traders to move stops, hold losing trades too long, and cut winners before…
  2. 02FOMOFear of missing out is the pull to enter a trade that already moved because you do not want to miss the rest.
  3. 03Revenge tradingRevenge trading looks like this: you take a loss, feel frustrated, and immediately enter a bigger trade to make it back.
  4. 04Overconfidence after winsIt is often variance. Five winning trades in a row happens by chance more often than most people expect.
  5. 05JournalingYour journal is the only tool that shows you what you actually do versus what you think you do.
  6. 06Process over outcomeA bad one can win. Any single trade is partly random. You can follow every rule and lose. You can break every rule and win.

Educational content only. Not financial advice.