Trader Psychology: Master Fear and Greed

Trading is 80% psychological and 20% technical. If you cannot master your emotions, the market will exploit them against you.

The Beginner Trader Cycle

Euphoria after a win -> Greed -> Increased position size -> Major loss -> Fear of pulling the trigger -> Missed opportunities.

How to Break the Cycle?

• Accept the Risk: Only enter a trade if you genuinely accept that the capital risked can be lost.
• Stick to the Plan: Once your daily target or max loss limit is hit, close your charts.

Conclusion

Discipline is doing what needs to be done, especially when you don't feel like doing it. In trading, discipline is what pays the bills.