As a trader, it’s natural to experience certain emotions — euphoria, anxiety, anger, overconfidence, and impatience — that can cloud your judgment while trading and result in losses. While the emotional roller coaster is an intrinsic aspect of trading, it doesn’t have to dictate your success. 

Somesh has five techniques to share that will help you to handle the emotional side and stay stable in trading. These strategies will help you regain control over your trading journey by regaining control.

In this episode, Somesh talks about:

• Understanding the emotional rollercoaster of trading
• Impact of emotional fluctuations on your trading
• Five methods to deal with the emotional side of trading and stay stable:
• Practicing meditative brain dumping
• Recognizing when you’re weak and emotions are about to take over
• Maintaining a “red trigger” journal
• Having a walkaway limit as a safeguard
• Joining a community of traders to foster growth

Tune in now for comprehensive insights into these methods!

Memorable Quotes:

“If you have a systematic approach towards anything in trading, you’ll be able to deal with it much more calmly without taking massive losses.”

“Recognize when you’re weak. When you’re weak, that’s when you will be making a lot of mistakes.”

Resources:

Somesh S (@kay_capitals) on Instagram

Kay Capitals on YouTube

Somesh (@KayCapitals) on Twitter

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