Spot Emotional Leaks Before They Drain Your Account
April 11, 2025
Markets don't care about your feelings, but your P&L certainly does. Unmanaged emotions are like hidden leaks in your trading edge – slowly draining your confidence and capital.
Common emotional leaks include:
- Fear: Missing good trades or cutting winners too soon.
- Greed: Oversizing positions or chasing FOMO entries.
- Hope: Holding onto losers far past your stop-loss.
- Resentment: Taking revenge trades after a loss.
The first step to plugging these leaks is awareness. You can't manage what you don't recognize.
Mental Edge's mood tracking and journaling prompts help you connect specific emotions to trading decisions. By building this self-awareness, you can start to anticipate your triggers and implement strategies to counteract them before they take control.