Nine out of ten unsatisfactory things in life, no one's life can be smooth sailing. We will always be at a certain moment, because something is influenced by our emotions.
Napoleon once said: "A person who can control his emotions is greater than a general who can take the next city."
The top quality of a person is not to be an authentic person, not to be thorough, but to be able to control his emotions. To become strong, you must learn to be an emotionally stable person.
Being able to control emotions can lead life
The reason why people are happy is not how much they have, but learning to control their emotions. The strong in life have learned to master emotions and be the master of emotions. In the variety show "Trends of Journey", Shen Teng took Lin Chiling to mail the "gorilla" he bought.
In the hot weather, the orangutans were finally transported to the post office by carts and vans. Due to overweight, the post office refused to accept the mail! Against the sun, one after another was blocked, and his companions were tossed along, Shen Teng's mood began to be anxious. At this time, Lin Chiling took it lightly, came forward to calm Shen Teng's emotions, and actively sought solutions.
People who know how to control their emotions can seek solutions rationally even in difficult situations.
American social psychologist Festinger has a famous rule: "10% of life is made up of what happens to you, and the other 90% is determined by how you react to what happened."
Only those who know how to accept, how to control emotions, and adjust their mentality can have more happiness. Only after digesting bad emotions can you embrace good luck happily. Only by grasping our emotions can we better grasp our lives.
Similarly, in trading, emotions are also important.
If you want to avoid negative emotions in trading, planning is the key. As a trader, you must not only have a profitable method, but also a strategy for emotional control. There are many strategies and methods that can help traders achieve their goals.
Setting your own trading rules
Setting your own trading rules can help you control your emotions. Your rules may include setting profit targets or stop loss and profit, the risk of exiting the transaction, the level of return tolerance, etc.
Stay away from undesirable markets
Carefully stay away from unfavorable market conditions. This is a good idea when you "feel" unsuitable for trading. Don't focus on the market to make yourself feel better. If you are unwilling to trade, the simple solution may be to withdraw.
Overcoming emotionality requires more internal practice.
Emotionalization does not mean that you can change it immediately. What we need more is some methods. In the end, emotionalization must return to life and return to trading to practice. If you don't have basic skills, how can you talk about mentality? You don't understand position control. You are always heavy. You can never have a good mentality. You will definitely be emotional. Not only you, Buffett is the same. You ask Buffett to bet all of his funds on one or two transactions. He also can't sleep at night, and he will also worry.
Emotional control involves many problems, such as position control and fund management just mentioned. Of course, we also need to use some other methods, such as energy conversion, practice some hobbies, and transfer negative energy. Through practice, it is natural. Do well in emotional control. For example, through total stop loss control, let us know that no matter how the market fluctuates, we first have a stop loss control, so our mentality will be better and our emotions will be more stable, so we don’t need to force ourselves too much. To change our emotions is not correct, so we need to strengthen all-round cultivation.