How to deal with emotions during trading?

Beginner Questions Trading Psychology
1

Hi,

i just wanted to gather some insight how to do with emotions when trading.

It is a thing I’m quite aware of for instance, i may be fearful in taking a trade, or not waiting for my trade to hit SL/TP

2

Give this a read, it might help.

3

Managing emotions in trading requires discipline. Stick to a solid plan, trust your analysis, and accept losses as part of the process. Practice mindfulness, and avoid overtrading to stay composed.

4

Stay chill and trust your plan. Emotions mess things up, so stick to your rules!

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5

Think of trading like riding a bike. If you get scared every time you hit a small bump, you’ll lose balance and fall. But if you stay calm, keep pedaling, and trust that you know how to ride, you’ll keep moving forward. In trading, stay focused, stick to your plan, and don’t let emotions throw you off course.

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6

Hi Tomo22, you’re alone alone, we’re all mastering the art of dealing with emotions while trading. But this fear of taking a trade or not is normal. What helped me was sticking to my plan - when I knew that my stop loss and take profit orders were set according to my strategy, I just let the trade go as planned without second guessing. You can start journaling (it’s been great for my friends). You can write down your emotions when you trade and soon you will be able to see a pattern. You’ll get better at managing your emotions then.

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7

Trading can be very overwhelming emotionally. I like to meditate and then start my day (helps me be calm)!
During trading, when I realise things are going the way I predicted, I just take a step up and breathe!!

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8

Hi @ChelseaR never thought about noting my emotions before I will implement that thank you

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9

Thanknyou everyone for your insight I really appreciate everyone’s metaphors and lessons

10

Same here! I take a break or stepping away for a moment helps me stay grounded.

11

Totally get where you’re coming from, it’s something most traders struggle with. For me, what helped was sticking to a plan. I write down my SL/TP levels before placing a trade and remind myself they’re there for a reason. Also, I take a break if I’m too emotional, it’s obviously better than making a rushed decision. However, it gets better with practice.

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13

I totally get that! I also struggled a lot initially. Have you tried writing down your SL/TP levels before trading?

14

Dealing with emotions in trading is a challenge we all face. I’ve found that sticking to a pre-planned strategy and journaling my trades helps me stay objective.