Volatility - Is it my mind or market?

 This post is about the recent poll in my telegram Analysis4Newbie and my view about volatility. There are 2 ways to increase the profitability in trading. 

Doing good trades - Important

Reducing bad trades - More important

When you do bad trades? During the market volatility or our mind volatility? Some time market volatility causes mind volatility. Some other times its because of our mood swing. Both market & mind volatility affect our trades.

We dont have control over market volatility, but we can pause our trade, avoid trading when our mind is having volatility. Lets say you are going in a boat. In between the journey, the boat got a hole. Unless you fix the hole in the boat, you cant reach the destination. Similarly, unless you reduce your bad trades, profitability wont increase. 


People give so much importance to learn technical things about trading, but they dont give much importance to correct their bad trades.

Now tell me which is more important? Increasing good trades or reducing bad trades?

Wishing you all a healthy mind & body. May the lady luck be with you always...


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