How to Avoid #Fear and # Greed in #Trading

Fear and Greed are 2 tough killers for traders. Made a lot of traders loss massively and end up not continuing with the trading career. How can you avoid this 2? Read this article penned from experience and apply it as a trader:

1️⃣ Have a Plan
Define your stop loss and profit targets before entering any trade—and stick to the plan.

2️⃣ Trade Within Your Means
Only invest what you can afford to lose. It helps keep your emotions in check.

3️⃣ Manage Your Risk
Limit the amount of capital risked on each trade. A small percentage goes a long way.

4️⃣ Accept Market Realities
You can’t control the market—but you can control how you respond to it.

5️⃣ Stay Composed
Don’t rush. Take breaks when needed. New opportunities are always around the corner.

6️⃣ Learn From Experience
Review your trades regularly to identify when fear or greed influenced your decisions.

7️⃣ Prioritize Consistency
Focus on long-term growth and steady results—not winning every single trade.

Trust your strategy and keep emotions out of it 💕

#Favvy