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It’s not about technical analysis.
Anyone can learn that.
Yes, literally anybody.
What everybody can’t seem to do?
Is have some damn self control.
Thats the part that takes years for some traders to fix.
I like to say that nothing will ever teach you more about yourself than trading.
It’s life’s greatest therapist.
It will without a fail reveal the good, the bad, and the ugly about YOU.
Once you learn all the about yourself, that’s when the work begins on fixing your imperfections.
How to do this?
Journal. Journal. Journal.
Journal everything.
Your thoughts, emotions, body triggers before, during, and after the trade.
Are you tapping the desk?
Nervously fidgeting?
Palms getting sweaty?
Moms spaghetti?
Pulling your hair?
Scrolling nervously through tickers?
All these are signs of emotional trading.
They may occur when you are unsure of a setup, you just took a loss, or are risking way too much.
It is your job to determine what triggers lead to your emotion based mistakes.
The more aware you are of this, the easier it will be to front jump the mistake before it even happens.