InvestorQ : As a trader, how do I get the better of the mental game?
Dhwani Mehta made post

As a trader, how do I get the better of the mental game?

Khushi Patel answered.
3 years ago

You must have surely heard of trading rules like, “Don’t panic”, “Look before you leap into trades”, etc. What do all these point towards? Essentially, they talk about trading as a state of mind; something that is contingent on how clearly you are able to think and how focused you are able to remain. Personal problems could come in a variety of ways. It could range from health related issues, to anxiety over uncertain events, to a failed marriage and an impending divorce. All these are personal risks that could gradually spill over into your trading performance. There is a certain irony in going through a tough period personally. The anxiety and the uncertainty tend to leave you confused and you end up making sub-optimal trading decisions in trying times. Ironically, this uncertainty is exactly the time when you actually need to maintain your equanimity, poise and balance.