-Five Things You Must Not Do with Mental Control-FX

-Five things you must not do with Mental Control-FX

Mental control is essential to overcome today's challenging market conditions.

Especially for beginners, this should be your goal from now on.

For intermediate to advanced traders who are losing, you must correct this.

1. Pos-pos disease

I can't feel settled unless I always have a position.

2. Getting hot trying to recoup losses

3. Chicken profit-taking

Taking profits as soon as there is unrealized profit

4. Can take profits but cannot cut losses

5. Additional funding (margin calls) when the maintenance margin drops

These five are the main symptoms that require mental control and are commonly observed.

Although still a hypothesis, I believe these symptoms arise from endorphins, the brain’s psychoactive drugs produced by trading.

Endorphins provide pain relief and euphoria more than ten times that of morphine, and are secreted in the brain in response to various triggers.

Isn’t the difficulty in treating gambling addiction due to endorphin drug dependence?

If you fit any of the five symptoms above, there is a strong possibility you are already addicted to endorphins.

This is a serious issue, and if left unaddressed you could lose all your funds, and perhaps everything in this world.

So how should we counter it?