@BearBullTraders let me explain.
you couldn't tame his excitements on the new venture,
nor could you ask him to dim out his dreams of being able to living freely independently,
so you prepare with the emotional rollercoaster that may befall him.
Control your emotions.
Trading is soooo fascinating...., and boring....,
so much that you would need to hold yourself back on more occasions rather than jumping in into following your own emotions and thoughts.
paradoxical...!
Over the past 3 years, I’ve spent countless hours studying the best traders & coaches in an attempt to master the mental side of trading.
Here are the 10 most impactful mental models that every trader needs to know (& isn’t going to succeed without):
Trading is a changing battle field, each and single day.
To identify the appropriate trading methods, scalping, day trade or swing.
To estimate the route of possible price actions.
To be ready on the turbulent psychological battle.
Investing and betting, two faces of the same coin, general conclusion. Though if you can peek to the outcome of that bet, that's what I call Investing. Do your homeworks!