Hi every one!
When trying to solve a problem the first step is to identify the problem, then search the cause, and finally the solution…
I will like to identify the most common problems that traders are having day in day out, please take a few minutes to think:
-what are the things that make me feel emotional pain or frustration in my trading?
-what are the benefits (mental emotional and $$$!) you expect from a good system or strategy?
Please, share your problem and what you think that could be a good solution, or what you did to solve your personal problem.
The only problem of traders is when they abandon trading plan and follow their feelings, emotions, greed, fear or whatever.
If you follow trading plan all problems are reduced to just one. Is my trading plan the good one?
The worst thing a trader can do is to replace their trading plan or end up abandoning it altogether.
Of course, I agree with you.
Every trader encounters various types of emotions, afraid that they find their expression daily in the markets and often contribute to trade losses unless appropriately unmanaged, they always think of:
Fear of failure
The fear of losing profits
Fear of perdition of everything.