All the mindset problems we encounter in our trading actually come from fear of the unknown. Because the next candlestick is uncertain, anything is possible—it has endless variations.
We don’t know what the future market is going to face, so we become greedy, fearful, tense, excited, at a loss, and we start trading recklessly, and so on...
Howard Philipp has a famous quote:
The oldest and strongest emotion in human beings is fear.
The oldest and strongest fear in human beings is fear of the unknown.
Always remind yourself to learn how to face fear, and encourage one another.
We don’t know what the future market is going to face, so we become greedy, fearful, tense, excited, at a loss, and we start trading recklessly, and so on...
Howard Philipp has a famous quote:
The oldest and strongest emotion in human beings is fear.
The oldest and strongest fear in human beings is fear of the unknown.
Always remind yourself to learn how to face fear, and encourage one another.