How do emotions affect your condition while trading?

[deucher]

Everyone knows that trading is a very psychologically difficult process and you need to be able to resist it, because if emotions win, you can lose all your capital in a day due to gambling. This happened to me with my first deposits because I did not know about controlling emotions. I lost only 10 percent of the deposit and it seems like a little, but then I decided that it was necessary to turn over this amount immediately and opened new and new positions, and if you are a trader with experience, you know that in such moments it means a complete loss of the deposit. Are you now able to control your emotions while trading?

[Debashis]

Emotions can greatly impact trading performance. Fear and greed can lead to impulsive and irrational decisions, while overconfidence can result in excessive risk-taking. Managing emotions, maintaining discipline, and making objective decisions are crucial for successful trading. I feel proud of myself as I manage it pretty well.