Lesson 4 of 4
Trading Psychology
Markets are a battle of emotions. Fear and greed push traders to exit winners too early, hold losers too long, and chase revenge trades.
Staying level-headed
- Stick to your plan even when it's uncomfortable.
- Accept that losses are a normal cost of doing business.
- Trade a size small enough that a single loss doesn't rattle you.
- Step away after a big win or loss to reset.
Discipline, not prediction, is what makes trading sustainable.