Lone Stock Trader - I never DM first
Lone Stock Trader - I never DM first

@LoneStockTrader

5 Tweets 5 reads Oct 12, 2022
Trading psychology thread ๐Ÿงต:
(1/5)
After going through many cycles and reading all the trading psychology books out there, you'll discover that there's little you can do NOT to feel bad after losses and NOT to feel good after wins.
(2/5)
We're humans. As much as not being affected by external factors sounds great, the fact and the matter is that we are.
(3/5)
Confidence will always rise with wins, and always fade with losses.
Which is why keeping your losses in check and always being aware of the market environment you're in plays a major role in not only keeping your gains, but even more importantly, keeping your confidence.
(4/5)
Self-confidence starts with profits, stays with the ability to quickly adapt to new environments, and fades away during losing periods.
That's the nature of the beast.
(5/5)
Protect your money, protect your confidence.
Lose your money, lose your confidence.
It's the simple brutal truth.

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