Mastering Trading Psychology in a Volatile Climate: What Every Investor Needs to Know
When it comes to trading the financial markets, controlling your emotions is half the battle. Unfortunately, many traders refuse to make this a top priority. In a highly volatile market, leading by emotion can be your ticket to immediate peril. Trading psychology is all about mastering fear and greed in the financial markets. These two basic human emotions have their place in life, but offer nothing of value in front of a trading screen. That’s why investors need to carefully evaluate their mental state and develop habits that remove emotion from the equation.
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