Trading psychology
by Maria Jane Poncardas, 2/28/2022 Countless of advises have I learned about the importance of psychology in trading. Estimates show that trading is 95% psychology, 5% execution. The factors may include emotions, decision making and among others. Emotions may be the huge contributor especially the fear and greed. It is typical to hear these from traders in YouTube as they themselves experienced such. I also recognized these emotions on my trading journeys, as I already blew quite a number of trading accounts, from penny stocks, local stocks, options trading, and cryptocurrencies. But that did not stop me from learning to trade. I persevere, regardless the number of failures, since this is a lifetime skill, once refined would be worth the effort. My priority in learning to trade nowadays is the psychology. One of the favorite lines I have learned this week is: " Euphoria is the most dangerous mindset in your trading ". I thought this may be categor...