Trading Psychology: The Biggest Enemy Is Not the Market, But Yourself

In the trading world, people often spend a lot of time searching for the “holy grail” – a perfect technical tool, a mythical trading system, or an indicator that can predict the future. But the harsh reality is: the biggest culprit that makes you lose is not out there – but within yourself. 🧠 Psychology Is the Real Battle in Trading Trading is not just a game of price action and patterns, but a psychological game – where emotions kill logic. Have you ever encountered the following issues? The TP has been set, but the price is moving away from the TP further → then return to the first order? Order error persists for many days with the hope that “it will recover”? Just fixed the error and the price reversed → you FOMO back in → continue to lose? It all stems from a lack of emotional control: greed, fear, regret, and revenge. 🔁 4 Toxic Trading Mindsets That Traders Must Face 1 FOMO (Fear Of Missing Out) – Fear Of Missing Out You see the price running too strong, if you don't enter you feel “regret”, but if you do, you end up buying at the peak. FOMO makes you lack a plan and unclear about the setup. This is a surrender to the original command error. 2 Revenge Trading – Revenge Deals After a string error, you try to “unwind” it by using a larger command, not waiting for technical confirmation. This is the fastest way to… burn your account. 3 Overtrading – Overtrading When you can't sit still, always think about what you need to do to “make money”, you start to implement more plans → leading to higher risks and a disturbed mindset. 4 Gồng Lỗ – Blind Faith in Hope “Then it will turn around” – the most dangerous saying in trading. Traders do not accept mistakes, do not cut losses at any time, creating a “bleeding” account with each pip. 🔐 So How to Control Trading Psychology? ✅ 1. Always Have a Plan Before Trading Enter the order when the setup is clear. Always set SL and TP. Know which strategy you are trading with. ✅ 2. Use the Trading Journal Tool Record the reason for the order, feeling stressed at that moment. Post-trade evaluation: is it a procedural approach or driven by emotions? From there, train the guests. ✅ 3. Block Trading with Appropriate Capital Not all-in. Use the 1-2% risk rule for each trade. When the risks are controlled, the mindset will reduce stress. ✅ 4. Rest After a Series of Excess Do not trade immediately after receiving a large order. Please temporarily disconnect and regain your composure. Trading is a marathon, not a sprint. 📈 Successful Business Does Not Require Genius – But Requires Iron Discipline The traders who survive long-term and have sustainable profits are not the best traders, but those who are clear with the system and do not let emotions offend their acardi account. The market won't kill you. You will do that to yourself if you can't control your mindset.