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RE: When greed ruins everything

in Rant, Complain, Talk2 years ago (edited)

Every rookie trader makes this mistake and learns from it. Don’t be discouraged. Even the pros fell victims to their emotions at some point in their early days. It’s normal. The important thing is that you learnt from it.

You need to learn discipline and market psychology rules. For example, you could limit yourself that if you lost 3 times in a streak, you would take a 2 day break from the market. This way you’ll take 2 days to cool down and not open any positions based on emotions, because this will just bite you in the ass in the end.

I’m talking from experience, the market fucked me up reeaaal bad a couple of months ago. You learn the hard way. That’s the only way the market teaches.

Don’t worry yourself too much over it though, shit like this happens all the time, and you’ll eventually master your discipline and that’ll be the end of the losses due to emotions. I wish you luck in your future trades man.

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Thanks for your words man, i really appreciate it.

Anytime man! Hopefully you’ll tell me about some winning trades soon.