What is tilt?

Tilt is an emotional state of a trader, caused by strong emotions from Takes or Stop Losses, when he starts to lose control over his trading and make many mistakes. According to one of the versions, the word tilt to designate a psychological state appeared in the use among fans of slot machines. This term became widely known when it appeared in the active vocabulary of poker players. Now this concept is used both in gambling and in other activities that are associated with the competitive process.

Causes of tilt

The most common cause of tilt is a loss, especially a public and humiliating one. It can shake the psychological balance necessary for objective perception of the market. The most negative emotions among traders are caused by a stop in a winning situation.

For example, when you go in after the first takeouts, thinking that it will definitely work out further, but the coin takes and turns around. A possible situation is also a “winning tilt”, which comes as a result of a positive trigger. For example, an unexpected win or a string of good luck. Strong positive emotions can be just as heady and damaging to trading as negative emotions. A tilt and a winning tilt can lead to the same consequences.

Tilt happens to everyone

No matter how emotional and receptive you are, tilt happens to everyone, it's impossible to be cold-blooded about absolutely everything. The key awareness is to recognize when that particular moment of emotional instability has occurred and use the advice I've been giving. Distract yourself, analyze the mistakes, make a strategy for the future.

I hope this information, as always, has been helpful to you and will help you avoid mistakes and hurtful defeats in the future.

The best way to steal your emotions at the right time is knowledge and understanding of yourself as a person, so don't stop developing and be hungry for new knowledge.