Psychological problems of trading and how to deal with them?

Author's article by Pavel Gromov, trader and author of the telegram channel "Chief in Crypto".

In one of theWe talked about our articles about the psychology of trading about how evil the emotions carry in trading and the need to fight them.
Trading, especially inside the day and largeVolumes are large psycho -emotional loads. The need to quickly make decisions and fight emotions in a constantly changing situation, the risk of losing a deposit or approaching the edge of the financial abyss exert constant pressure on the trader, which often leads to the emergence of negative psychological states (hereinafter referred to as NPS).
If emotions affect the trader in a certainSituations in the market, NPS often are not related to a particular transaction and are the reaction of the trader psyche to overload. As a thermal blow during a march, it disables an insufficiently prepared fighter, so the NPS protects the psyche of the trader from the loads excessive for it. But the problem is that the trader retains the opportunity to press the buttons in the trading terminal and may well have time to deal with his deposit with particular cruelty.
I will give several examples of NPS that are most common. If in any of them you recognize yourself, the problem is identified, proceed to its solution.

Picture 1

You are inseparably looking at the chart, and at smalltimeframes. Each movement of 10-15 points, on which you did not take a profit, you perceive as a personal insult. You are trying to trade any instruments that show great volatility. It doesn’t matter that you learned about them an hour ago and have no idea what factors influence the growth and fall: there is movement here, so you need to catch it.
If you cannot check within 5-10 minutesQuotes - it bothers you a lot. The terminal is trying to be all free time, in particularly neglected cases you wake up at night to see what is on the market. I knew one comrade who checked the quotes every 5 minutes even during romantic dates. Now says that he was disappointed in women.
The case is not limited to checking the quotes -The trader opens dozens of transactions a day, trying to catch every movement on almost every tool. Of course, after the opening of the transaction, the price takes place in the other direction, although sometimes it is possible to take a microda.
The result of such unsystematic trade is understandable.The loss of the entire deposit or its significant part, emotional burnout, fatigue, disappointment in trading. In the case of large financial losses and the following problems, sometimes disappointment concerns not only trading.

Picture 2

You caught the trend, the position is in the black. It would seem, what problems can there be? But it seems to you that the volume of your position is insufficient, that the trend should be used to the maximum. You open the entire deposit and live to the nearest correction. In advanced cases, this kind of anxiety is caused by any growing asset. If the movement started without you, you will definitely join the trend somewhere in the region of its end.
Some alternative options, except for movementOn the trend, you do not even consider. Therefore, you are putting in motion so that you really do not really have alternatives to the trend. But they have a market, and a logical finale comes. In fact, this is a launched case of FOMO. But the NPS does not leave you even when you are out of the market.
The consequences are similar to the picture 1.

Picture 3

There is clearly something wrong with your trading - it is growingunprofitable position, stops are constantly triggered, deposit changes only downward. So many are brought to the exchange that the prospect of disconnecting the Internet for non-payment and catering for a month exclusively by Mivina becomes more and more real. But you behave strangely, at first convincingly prove to yourself that you are doing everything right.

The opinions of analysts and traders and any materials confirming your opinion are used. And you prove all this to yourself first of all.
But the market is still, and the situation becomes stillMore threatening, approaching the level "Stop trade, otherwise there is nothing to give away." But you stubbornly say that everything is fine, and soon it will be even better. One of my acquaintances, having bought altcoin for 200k dollars, even book Bentley Bentyagu. Which was quite strange, given that he entered the Alta in May 2018, and he was preparing this miracle of the car industry in October of the same year, so sincerely believed that there was no problem and now everything is leaving. He even visualized his desire, gliding his cabinet with pictures of the broadcast of 2000 and neo 500. But this did not work on the market.
Further - a logical collapse or a situation when fromNothing depends on your actions. And now you are sincerely convinced that everything should have been good, but manipulators, whales, Trump or some other external factors prevented. But for your deposit, this does not matter.
They can take the trader’s brain on a curve path andExternal factors. Problems in some area not related to trade, strong fatigue or some kind of shock, are not related to NPS, but can contribute to the wrong trade solutions.
This happens with experienced traders and says this that in the case of some external problems, it is necessary to approach trade solutions even more balanced.

How to deal with NPS?

As always, mercilessness in identifyingProblems. You cannot fool yourself, because you must clearly tell yourself that it is not the whales and Trump who are to blame, but their own pride, stupidity, greed, etc. Reveal when exactly the brain went into spacing and how to prevent this in the future. Take a break in the trade, recover and start all over again. Everyone falls. The main thing is the ability to rise.
Sports helps a lot. The best way to return the brain to working condition is difficult training on the verge of opportunity.
Well, the main recipe, as always - is a trading planAnd the diary of the trader. If all key points are spelled out in plan, and all actions committed on the market are recorded in the diary - this is the best cure for NPS and emotions.

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