Psychology is just the ultimate ruler of

how crowds behave, isn't it?

we buy aggresively at market peaks or sell when it’s at rock bottom.

let's not forget that it's not actually the market's fault when we lose money – it's all on us and our brilliant reactions.So give yourselves a pat on the back, folks, because we're the real masters of our financial demise.

it is just our amazing unstable emotions that are to blame for our financial screw-ups.

Your mind or your emotions - the question to ask right?

Having losses in your trading account , having uncontrollable emotions when you are on the wrong side of the market.

You would tell yourself Hey, quit obsessing over that stock, stop trading it, and move on to something else. If you keep making the same mistakes and losing money, you'll end up getting wiped out of the market.

Sure, it's easy to blame the market, or the seller, or your broker for giving you bad information, but the real person to blame is yourself.and the more risks you take, the more you'll end up regretting it. The market has the upper hand, and you're just along for the ride.

So does this mean you should stay away from trading altogether?

Well, the answer is only if you're not ready for it. Your mind is your best friend when it comes to trading. If you're prepared, you won't let the market's ups and downs get to you. Don't get too excited when things go your way, and don't fall in love with the market. Just make the most of the opportunities it gives you.

Your emotions can be your worst enemy, leading you to make irrational and self-destructive decisions. But your mind? It's strong, rational, and clear-headed. It'll stop you from making impulsive trades at the wrong times.

Your mind may lead you to miss out on some quick profits in order to play it safe, but that's okay. Emotions might push you to take unnecessary risks, but your mind will keep you grounded.

Remember, slow and steady wins the race. Your mind will help you build a solid profit over time, while your emotions might lead to fast, but unstable gains.

At the end of the day, it's up to you to choose whether to listen to your emotions or your mind. Learning from your mistakes is key, but many professionals have fallen into the trap of believing they were invincible. They let their emotions control them, and in the end, they lost everything.

So, heed the warning: keep your mind in check, and don't let your emotions lead you.