True in Trading too. It is difficult to make easy profits following the crowd. Make yourself a better trader at all market conditions by learning and backtesting the unique trading startegies
Applicable for Traders while holding any trade positions. Agree?
Ask yourself:What do you feel while holding your trade positions?
How to Control your Emotions in trading?
✅You can reduce your trading account leverage to 1:100 and give the password access to your friend or loved one and tell them to change it. (password access for your brokerage website where you can change leverage)
Now you are going to trade with a small lot size. This will help you to self improve yourself in handling emotions for taking high lots.
Be patience with this process. You will definitely see a good result.
We always want you to trade safe at all the market conditions.
Those who think - You feel fear, frustration, anxiety, impatience, tension, etc. while holding the trade positions.
Please ask yourself : How can you reduce this?
If you use a small lot size, can you reduce your fear, anxiousness, impatience...?
If you behave well using a small lot - that would be great.
Use small lot size at all the times. when you feel confident about the trade setup, you can increase your lot size. but don't be over confident.
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