The average trader thinks they’ll find the right strategy and be able to make up for their lack of experience. But without an edge, it’s unlikely they’ll make any noticeable profit at all.
Okay, I see where you’re coming from with that. A good trading strategy and a quality broker are very important pieces of the puzzle, but those can’t make up for your ability to control your emotions as a trader. These days, AI traders seem to do a pretty good job and the truth is you can ask any professional trader and they’ll tell you.
To improve your chances of success in the stock market, you should take control of your emotions. The following infographic demonstrates 7 main feelings which affect investing decisions and methods to suppress them.
Infographic by: foxytrades