Are you also facing the same problem not to follow the process of trading
Hello friends. Are you also facing the same problem not to follow the process of trading, so you are not alone many people face same problem before quitting read this. Human psychology often leads traders to deviate from their planned processes for several reasons: 1. Emotions: Emotions like fear and greed can override rational decision-making. Traders may abandon their strategy when fear of losing or the desire for quick profits takes over. 2. Overconfidence: Traders sometimes become overconfident in their abilities, leading them to take unnecessary risks or ignore their trading plan. 3. Impulsiveness: Impulsive decisions can occur due to the need for instant gratification. Traders may jump into or out of trades without proper analysis. 4. Fear of Missing Out (FOMO): Traders might enter trades hastily when they see others profiting, even if it doesn't align with their strategy. 5. Loss Aversion: People often have a greater aversion to losses than they have a desire for gains.