How to Break Negative Trading Patterns

[bayaduf]

Noticing a problem is necessary to solving it, but not sufficient. We need to address the factors that are causing and/or triggering the problem.

[beacpird44]

That requires real reflection. Very often, when we experience a psychological challenge in trading, there is a problematic situation that brings an emotional response, which in turn triggers a poor trading behavior.

[bgametxv97]

That situation can trigger feelings of frustration and internal dialogue of self-criticism, which then trigger taking a marginal trade to make up for the initial situation. The problem is not just taking the marginal trade; the problem lies with the entire sequence.

[bjwgyinp70]

When we chart the situations, thoughts, and emotions leading to episodes of poor trading, we become increasingly aware of our own patterns. Very often, it's a handful of triggering situations that lead us to make our behavioral mistakes in markets.