Feeling like you’re not your best self when trading?🤔
That’s your trading mental B-game acting up
Here is some personal advice to fix it👇
A Thread🧵
In this thread, we'll discuss 7 common problems traders face.
Trading is as much a mental game as it is a strategic one.
Avoiding your B-game can significantly improve your trading journey.
So let’s tackle them⬇️
(graphic credit:@SteveOSupreme0)
1 - Going Against Intuition🚫
Ignoring your trading instincts? That’s a big mistake.
You’ll lose a lot if you don’t stop doing that.
Your intuition is based on your experience, so use it to your advantage.
With experience, you will immediately know upon looking at a chart if there is a A+ setup waiting to be traded.
If you look at a chart for more than 20 seconds and cant come up to a clear conclusion, move onto the next pair. Dont force it.
Sharpen your intuition by keeping a journal of your decisions. Write down your thought process. And of course, over time, learn to trust your instincts when they align with your analysis.
Here are a few mistakes that traders should try to avoid and how to actually correct them✅
A Thread🧵
1 - Forcing Trades 🚫
I used to feel the need to trade all the time, even before I was profitable and consistent.
Day in and out, I kept entering trades that didn’t really align with my plan.
The only thing that helped me stop was strictly following my trading plan as if it were a checklist.
If the market does this… → Then, I’ll do this…
This approach removed the confusion from my trading decisions and allowed me to approach the charts with confidence.
2 - Being Distracted📱
Trading requires your full attention.
Without focus, you risk making costly mistakes, like inputting wrong position size or shorting when you meant to long (had that happen to many times lol)
To stay focused, designate a specific time and place for trading to minimize interruptions.
Leave your phone in another room and set it to silent or Do Not Disturb. This way, you can avoid distractions and concentrate on your trades.