Introduction to Option Trading Psychology #Option #Trading 🤑💲

Topic - Introduction to Option Trading Psychology #Option #Trading

1. Emotional Control in trading

2. Positive Mindset and Learning From Mistakes .

3.Overconfidence and Humility

4.Trading as a Marathon, Not a Sprint

5. Patience and Discipline

6. Risk Management

7. Mental Resilience

What is emotional control in trading?

Setting your own rules to follow when you trade can help you control your emotions. Your rules might include setting risk/reward tolerance levels for entering and exiting trades, through profit targets and/or stop losses.