Trading loss so what process was shared during this segment of Episode 26 of the Trading Performance sessions. We don’t have to automatically accept whatever our brain throws up as a definition of what a sensation means. Take control and decide what you want your sensations to mean!
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What types of emotions will benefit you in your trading? Are you willing to do the work necessary to have those emotions.
Many traders’ emotions are reactive. They flex with the movements of their trades. Their emotions happen without any thought as to whether or not they benefit their trading.
To get the emotions that will benefit you in your trading you must put in some effort to achieve them. The So What process can help you identify the reason for the emotions that your brain is throwing up at you.
Once you determine the root cause of your emotion, you can decide if your reactive emotions benefit you or if you should change them.
Trading losses are part of being a trader. It just is a part of the trading business. What is important is how you react to those losses.
Make sure you are choosing the emotions that benefit you when you have a loss, not just being reactive. It really can mean the difference between being a successful trader or a former trader.