The Power Of Preserving Your Mental Capital In Trading
12 methods to preserve your mental capital in trading
Listen to the audio version of this newsletter at the end of the post.
When traders get skilled at preserving their trading capital by cutting losses small and using risk management wisely, another challenge arises - protecting their mental capital, which is the ability to preserve emotional well-being while trading.
Preserving mental capital involves aligning your strategy execution with your unique mental framework and personality traits. This is crucial because it enhances the effectiveness of your strategy and yields better trading results.
If you've already built your own emotional temperature scale, something we’ve discussed in a previous post, you've gained a valuable advantage in regulating your emotions.
In this newsletter, we're taking a significant leap forward as we delve into the 12 crucial practices that will help you preserve mental capital in trading.
If you're eager to elevate your trading performance to the next level, this is your chance!