how to control emotion while trading?

<p>It’s prudent to adopt a rational approach and base your judgment on facts and figures. Breach the web of fear and greed and seek professional help if required.</p>

<p>Try to make your own rule to control your emotions, establish trading plans or maybe journals. Take breaks and sometimes, relax yourself. If you're relaxed and enjoy your trading, you will be better equipped to respond rationally in all market conditions.</p>

<p>Logical thinking can help you keep a tight lid on your emotions. When you think logically, you tend to make rational decisions that help you reap profits. Whether markets are in a bull run or a bear phase, you will hear a lot of noise. You must filter the noises to keep your emotions under control. Identify and set up your risk levels and benchmarks on when to enter and exit. Keep revising the plan time and again to ensure you are on the right track.</p>

<p id="isPasted">Each trader is unique. Keeping emotions under control requires a trading strategy based on your needs and market knowledge. Establish your risk levels and benchmarks for when to enter and exit the market. Make sure you keep revising your plan repeatedly to ensure you are on the right track.&nbsp;</p><p>When market noises are coming your way, emotions can erupt. No matter whether the markets are in a bull run or a bear phase, you will hear a lot of noise. It is true that not all noises are inconsequential but allowing them all can have an impact on your trading strategy and decision-making. &nbsp;So you need to filter out the sounds to keep your emotions in check. Thinking logically can help you master your emotions. When you think logically, you tend to make rational choices that help you reap benefits. Always consider whether your decision is emotionally motivated or supported by foundational factors.&nbsp;</p><p>As human beings, we all have emotions. However, when it comes to trading in stock markets, it pays to keep out of them and take a disciplined approach.&nbsp;</p>

<p id="isPasted">The ability to control your emotions does not give you an edge in trading. Your trading edge depends on your trading method. However, you need to master your emotions for long-term trading success.</p><p>By walking away from your trading screen, you break your trading tempo. It's a physical action that you take to control your trading pace. It clears your mind and reminds you that you are in control.</p><p>You feel like a super trader when you win three consecutive trades. It seems impossible for you to lose. You are unstoppable. It is you who overleverages and overtrades.</p><p>You feel like a loser after three consecutive losses. It's not something you want to lose. Emotions explode in you. You revenge trade.</p><p>If an event occurs three times in a row, it is hard not to be affected. Stop trading after three consecutive wins or losses to avoid this problem altogether.</p>