❤️ Episode Five: Emotional Trades… When the Heart Takes Control
🎭 What is an emotional trade?
It is a trade that does not stem from analysis or a plan, but from internal feelings such as excitement, fear, revenge, or even boredom. This type of trade is the number one enemy of psychological and financial stability in trading.
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🧠 The Most Notable Types of Emotional Trades:
1. Revenge Trade: You enter immediately after a significant loss in hopes of "regaining your dignity".
2. Hope Trade: You hold onto a losing currency because you hope for a sudden rebound despite the absence of indicators.
3. Greed Trade: You make profits but refuse to close because you want "more and more", causing the trade to turn against you.
4. Imitation Trade: You enter simply because you saw a famous trader doing it, without true understanding.
5. Fear Trade: You sell quickly after the first drop, even if market signals are positive.
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🧯 How to Avoid Falling into Them?
Do not enter any trade while you are anxious, angry, or overly happy.
Write a clear plan before opening the trade, and review it with your mind, not your heart.
Stop immediately if you notice that you are trading to "prove something to yourself".
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📌 Reminder
The market does not care about your feelings. Emotional trades may provide momentary comfort, but they gradually destroy you. Trading requires a cool mind, not a burning heart.
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