đ» Emotional interference:
Often
#traders are faced with emotions such as fear, greed and panic that can distort their decisions.
đ» Confirmation:
Traders often seek confirmation of their
#trading decisions by focusing on positive news or the opinions of other traders. This can distort their analytics.
đ» Inconsistency:
Disorganization and inconsistency in trading can lead to negative
#results .
đ» Excessive self-confidence:
Overconfidence in one's abilities can lead to ignoring risks and underestimating potential negative consequences. It is important to be objective and critical of your decisions.
đ» Stress:
Trading can be a stressful process, especially when the market is down or losing
#money . Stress can affect decision-making and reduce a trader's productivity. It is important to develop stress resistance and be able to effectively manage stress.