Trading PsychologyEmotional control

Emotional Control

Fear, greed, bias and outside noise shape your trades. Learn to recognise them and keep your decisions in your own hands.

CFDs are complex instruments and carry a high risk of losing money rapidly because of leverage. Make sure you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Emotional Control
Guides

Fear, greed and outside noise cost traders more than poor analysis. Learn to spot them and keep them out of your decisions.

Related Key Terms

FOMO (fear of missing out), Revenge trading, Overtrading, Loss aversion, Confirmation bias, Anchoring bias
  1. Fear, greed and the chaseThe three feelings behind most trading mistakes, and five rules that keep them in check.
  2. Thinking trapsFive thinking traps that catch traders, and how a written market view keeps you consistent.
  3. Signal over noiseTips, posts and headlines arrive all day. Four questions to ask before you act on any of them.
  4. The focused traderSimple rules that protect your concentration, and the signs that it's slipping.

Practise on a Demo Account

Practise your routine and your discipline on a demo account with virtual funds, then trade live when you're ready.

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