risk taking is free Remaining Focused by Preserving your Emotional Capital, Part 8

Remaining focused when day trading. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! http://www.contracts-for-difference.c... Do You Have Problems Pulling The Trigger On Trades? Besides using alerts there is also Capital; I'm not referring to money but to emotional capital. Protecting your emotional capital is paramount! Don't overanalyse things as this would more pressure on you and you will end up losing focus much quicker. Accept that things are random because then you can become more comfortable with risk taking. Accepting the risk also helps you stay focused. And lastly there is protecting your emotional capital. You can replace financial capital but it is harder to replace emotional capital. So many traders get into trading without a plan or structure which means that they have to focus immediately for an extended period of time and of course soon enough they will start losing focus. If your emotional capital is reduced too much you will end up with FEAR - fear of pulling the trigger because you want to make your money back and you don't want to lose time.

risk taking is free Remaining Focused by Preserving your Emotional Capital, Part 8
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