123 Quick Learn Trading Tips - Tip #6 - Defensive or Aggressive?
To make money in trading, you need to control your emotions.
Traders often fall into two emotional traps:
Maintaining a balance between these states is key. Learn to recognize and control your emotions. Discipline and a calm mind are essential for successful trading.
Every tip is a step towards becoming a more disciplined trader. Look forward to the next one! 🌟
To make money in trading, you need to control your emotions.
Traders often fall into two emotional traps:
- Overly Aggressive: After several wins, a trader may become too confident. They might increase their position sizes or take on riskier trades. This can lead to significant losses if the market turns.
- Overly Defensive: After several losses, a trader may become too fearful. They might hesitate to enter good trades or exit trades too early. This can lead to missed profit opportunities.
Maintaining a balance between these states is key. Learn to recognize and control your emotions. Discipline and a calm mind are essential for successful trading.
In trading, you must simultaneously be
defensive and aggressive.
Balance is Key ⚖️
Navid Jafarian
Every tip is a step towards becoming a more disciplined trader. Look forward to the next one! 🌟
Just for One More Smile 😄
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Just for One More Smile 😄
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.