12.16How to control emotions
1What is it?
Practical habits that keep emotions out of decisions.
2Why does it exist?
You can’t remove emotions, but you can build systems around them.
3Practical use
- Write a plan for every trade: entry, stop, target, size.
- Use automatic orders (stop-loss, GTT).
- Limit trades and daily loss.
- Check prices less often for long-term holdings.
- Take breaks after big wins or losses.
- Keep a journal and review weekly.
4Quick revision
- Plan, automate, limit, review.
- Check less, think more.
5Knowledge check
Q1. How do automatic orders help?Show answer
They execute the plan without emotional hesitation.
Q2. Why check long-term holdings less?Show answer
Daily noise triggers emotional reactions.
Q3. What to do after a big win?Show answer
Take a break; overconfidence is risky too.