Trading Psychology & Discipline

December 10th, 2020
 

The psychological aspect of trading is of utmost importance, from controlling emotions and quick thinking on the fly, to exercising discipline and avoiding fear-based decision making.

As Steve from Tremper.com explains in his webinar Learn Trading Discipline with Discipline Manager, there are a several areas where trading psychology comes into play:

  • Dealing with losses
  • Getting out of a position too quickly and not monopolizing on a move
  • Holding a losing position too long
  • Skipping trades due to fear of loss
  • Overtrading

Learn more in this 1-minute video excerpt:

Enjoy this clip? Watch more free trading videos!

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