Monday, 30 September 2019

How do you handle stress and control your emotions while trading in stock market?

Have it figured out before entering the trade.
  1. Plan your trade and then trade your plan
  2. If you know your entry and exit points (either the stop loss getting hit or the trade gets in your favor), there is no reason to be stressed at all.
  3. Avoid LEVERAGE. It is the ‘biggest cause of stress and accounts getting busted.’
  4. If at all you need Leverage, have a clear cut mindset and then ‘strategy’ to trade and manage your money accordingly.
  5. Avoid trying to gain from every fluctuation in the market.
  6. Patience is the key.

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