Part 11/14:
They acknowledge that emotional control is critical. It’s common for traders to get “itchy fingers,” compelled to put on trades out of FOMO, but the most successful traders detach themselves from emotion, remaining Zen and rational about market moves.
“The market rewards patience,” one notes, emphasizing that avoiding impulsive trades helps sustain long-term gains. Recognizing that markets are emotional and social phenomena, traders need discipline to avoid being swept up in hype or fear.