The status 30 minutes before the trade determines whether you will profit or lose today. I am a risk control observer and an independent trader. Today, I will share my unwavering 3 taboos to help you avoid emotional trades from the source. This is just a personal experience sharing and does not constitute investment advice.
1️⃣ Do not review the past trades or market conditions — Avoid entering the market with yesterday's gains or impulses. 2️⃣ Do not change the plan at the last minute — The planned position and stop-loss must not waver. 3️⃣ Do not fixate on floating profits/losses — The tighter you watch, the more your mindset explodes, and the easier it is to chase prices.
Execute the trading plan first, then wait for the market to settle. Investing involves risks, and one must be cautious when entering the market.