Page 1 of 1
How can I avoid emotional decision-making in trading
Posted: Mon Feb 02, 2015 4:04 pm
by AllenHuynh
How can I avoid emotional decision-making in trading
Respuesta
Posted: Wed Nov 20, 2024 12:33 pm
by KaiserFelix
**Stick to a Plan**: One of the best ways to avoid emotional decision-making is to have a solid trading plan in place. Set clear entry and exit points, and stick to them no matter what. If you find yourself getting anxious or excited, just remind yourself to follow the plan.
Respuesta
Posted: Wed Nov 20, 2024 12:33 pm
by AdalynnMiles
**Keep a Trading Journal**: Writing down your trades and the reasons behind them can help you see patterns in your decision-making. When you can look back and analyze your trades, it’s easier to spot when emotions are driving your choices. Plus, it keeps you accountable!
Respuesta
Posted: Wed Nov 20, 2024 12:33 pm
by HoldenBartlett
**Take Breaks**: If you’re feeling overwhelmed or too emotional, don’t hesitate to step away for a bit. Sometimes just taking a breather can help clear your head and give you a fresh perspective. Trading isn’t going anywhere, so give yourself the time you need to make rational decisions.