Three questions after which you will learn how to control your emotions in trading

In the previous video, I discussed why psychology is not the main factor in trading. In this video, we will continue to explore this topic and talk about what really matters.

Tilt is an emotional state where a trader makes illogical and impulsive decisions, leading to significant losses. It often involves increasing position size and results in the loss of all funds.

Understanding Indicators Traders often use indicators without understanding how they work or why specific numbers are used. The explanation of the moving average indicator is unclear, and traders should consider trading against the indicator rather than following it.

Logical Approach to Trading The market tends to move towards a mean value, so if an instrument is below its moving average, it's logical to consider buying. The speaker opposes using indicators and provides an example of selling under the moving average as a logical approach based on market tendencies.

Indicators like RSI show overbought and oversold conditions. If a stock starts to skyrocket due to positive news, the indicators may signal extreme overbought conditions, but understanding the underlying structure is crucial.

Logic and Order Flow The idea of logic and order flow is illustrated using the example of a glass with price levels. When a large participant places an order for 1000 lots, it indicates their intention to buy at that level. This action influences the market dynamics, causing other traders to react accordingly by adjusting their orders.

Logical Trading Decisions Making logical trading decisions involves understanding market behavior based on order flow analysis. By observing significant changes in price levels due to large orders, traders can strategically enter or exit positions while aligning with the prevailing market sentiment.

When asked where you will exit, you should answer immediately with the risks and risk points in terms of financial equivalence. The reason for exiting should be equal to the reason for entering, and if there is no answer to this question, it can affect your psychology as any market action will cause pain in the brain.

What if you face a significant loss and aggressive opposition? Planning for potential losses, managing money effectively, and preparing for internet or platform issues are crucial. Addressing these scenarios before entering a trade will reduce psychological impact.

The speaker discusses the importance of managing positions effectively, emphasizing the need to adapt to market changes and make strategic decisions based on specific plans. He highlights the risk of losing profits if positions are not managed properly.

The entry point must correspond to fixing the profit of access. I don't have the right to get full risk here, it's another example exactly what if only answering all these three questions in detail for yourself, making a complete plan for the deal in advance not on time at entry points and then look for an entry point that is where lies the main problem most newcomers and not just newcomers why traders are under very strong psychological pressure.

Many people seek quick ways to make money in forex, binary options, and sports betting. However, there are numerous scammers offering signals without providing knowledge. Without proper knowledge, it's difficult to retain earnings or avoid losses.