How can a trader believe in his own strength?

​According to statistics, the cumulative effect of technical knowledge, techniques and analysis does not exceed forty percent. A much greater role is played by the emotional state during transactions, as well as the individual reaction to market movement.

This is one of the main reasons why, after several losing trades in a row, the chances of success become minimal. It's all about the psychology of the trader. Closely perceiving failure, a person begins to emotionally respond to it.

This is a natural reaction of our psyche, which prevents the receipt of a positive result. Major failures in the market force the trader to make attempts to recapture the loss, instead of cold-headed searching for a win-win option. The position of the loser puts an end to the effectiveness of actions, completely misting the mind.

Solution to the problem.

​Many experts will advise the emotional trader to be cold and unshakable, just like a robot. But such a worldview is unnatural to the human psyche. Therefore, it is worthwhile to pay a mental and emotional state.

This is a cognitive relationship between knowledge and expectations. In simple words, if a trader is set to fail and does not consider himself a successful professional, then most profitable transactions will pass by him.

Having figured out the concept, you need to start tracking the state of your psyche in any situation. The main goal of the next stage: to achieve the most comfortable sensations, regardless of the situation on the market.

Human consciousness is extremely flexible. With appropriate efforts, you can easily evoke the necessary sensations, creating them from scratch, it is enough to use associative techniques, recalling certain moments from life.

Controlling your own emotions is a solid foundation for gaining unshakable self-confidence. Such a person only needs to tune in to the desired result and his chances of success will rapidly increase.

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