🧠 The emotions of a novice trader and how they hinder earning in the long run 📉
Almost every beginner in trading goes through the same emotional scenario. These feelings subtly but steadily ruin the results if not managed.
🔥 Euphoria
📈 The first profitable trades, rapid deposit growth, the feeling of "I understand the market".
❌ What happens:
— risk is overstated
— stops are ignored
— trades are opened without a plan
📉 In the long run: one strong loss erases all profits.
😨 Fear
❌ What happens:
— early exit from profitable trades
— missing quality entries
— constant doubts
📉 In the long run: the strategy stops working due to poor risk/reward ratio.
💰 Greed
📈 "Just a little more", the desire to take the maximum.
❌ What happens:
— profits are not locked in
— positions are held too long
— volume increases without reason
📉 In the long run: profitable trades turn into losses.
🙏 Hope
📉 The price goes against the position, but "it must turn around".
❌ What happens:
— stops are moved
— loss is not locked in
— the trade turns into an investment
📉 In the long run: rare but catastrophic drawdowns
To be continued!!!
Almost every beginner in trading goes through the same emotional scenario. These feelings subtly but steadily ruin the results if not managed.
🔥 Euphoria
📈 The first profitable trades, rapid deposit growth, the feeling of "I understand the market".
❌ What happens:
— risk is overstated
— stops are ignored
— trades are opened without a plan
📉 In the long run: one strong loss erases all profits.
😨 Fear
❌ What happens:
— early exit from profitable trades
— missing quality entries
— constant doubts
📉 In the long run: the strategy stops working due to poor risk/reward ratio.
💰 Greed
📈 "Just a little more", the desire to take the maximum.
❌ What happens:
— profits are not locked in
— positions are held too long
— volume increases without reason
📉 In the long run: profitable trades turn into losses.
🙏 Hope
📉 The price goes against the position, but "it must turn around".
❌ What happens:
— stops are moved
— loss is not locked in
— the trade turns into an investment
📉 In the long run: rare but catastrophic drawdowns
To be continued!!!

