Handling Trading Emotions
Intro
Emotions drive mistakes. Learn practical mental checks and pre-trade routines to limit emotional decisions.
Step-by-step
- Use a checklist before every trade (setup, risk, reason, plan).
- Set alarms for when you deviate from the plan and take a break.
- Keep position size small when feeling emotional.
GOLD example
If you feel FOMO after a move in XAU/USD, step back—do not increase size or chase entries without plan-based confirmation.