How to learn to control emotions in trading

Even having a profitable trading strategy, you can calculate losses instead of the expected profit. And the reason for the failure is psychology. Fear makes the trader make the wrong decisions. Because of him, the trader may miss out on a favorable situation to enter the market or close the order earlier than it should have been done. Lack of discipline can also be a cause of loss. Non-compliance with the terms of the trading system has ruined many deposits. It happens that a trader forgets about the established rules of the CU under the influence of emotions. Therefore, it is very important to learn how to control emotions. This is a prerequisite for profitable trading. There are a lot of methods to solve this problem. Today I’ll tell you about some of them.

Methods to control emotions

For the purpose of understanding
of the first method, I recommend watching your breath at the time of the surge.
of emotion. It’s never calm. Usually, under the influence of emotion, people
start breathing intermittently, chaotically. If there’s such a connection, why don’t you
not to use it to calm down. If you feel fear,
excitement, nervousness, then try to shift attention to breathing. And then, uh…
get him back to normal. Breathe smoothly and calmly. And soon you’ll be
you’ll notice that your emotions are weakening. You can immediately set yourself up for a calm
trade by this method. Observe 5-10 minutes before starting work
for your breath. And if there are deviations, correct them.The second method is also associated with breathing. It’s especially useful when an unpleasant situation has already occurred. For example, the deal was closed with a large loss, which caused negative emotions. We need to take immediate steps to restore a smooth emotional background. In this case, deep breathing helps very well. Take 10-20 belly breaths as deep as possible. Then hold your breath for a few seconds, and then breathe out slowly and calmly.TheThree method is suitable for those who can easily and in detail present different images. It’s about visualization. If you feel emotionally broken after each losing trade, you can try to do the following. Close your eyes and imagine that the deal was closed with a stop-loss. In this picture you see yourself as absolutely calm and balanced. You just state the fact of the loss, and it does not cause any emotions. If you do this exercise every day for 10 minutes, visualization will become a reality over time.To learn to control emotions anyone can, if you do not regret this time and make an effort. By the way, the obtained skills will be useful not only in trading, but in any life situation as well.Fyodorov’s Inga11.02.2019