The Most Important Rule In Trading Psychology
Trading psychology is a huge concept and it can be tricky. Many of us feel the basic fears but most of the time we just push them away and find some excuse to avoid the pain. So after i started to analyse my thinking trought trading i found out the biggest reason to my losing trades. Everytime before a losing trade I think I know how the trade is going to play. For example here I EXPECT that the bullish trend is going to continue thats why i took long on this base breakout. I have some entry rules to avoid fakeouts and to patient but when i EXPECTED it was going long i took my position too early without waiting my confirmation. Theres this one quote that might be familiar with you. "Dont predict the markets just react to it"
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