What Should You Keep in Mind While Trading?
Before looking at the chart, indicators or setup, there is something far more important to check — your own state of mind.
For this question, I won't tell you to look at the Chart first or look at the Indicator.
Check your mindset — not just the chart.
First, Check the State of Your Mind
You read that right.
Just think...
Have you ever said something to someone close to you in anger that you later regretted?
It happens often and with most people.
At that time, the problem was not necessarily the other person — but your state of mind.
And you understand these things when your mind is calm.
Trading is exactly the same. Most wrong trades often don't happen because of the wrong chart — but because of the wrong state of mind.
What Usually Affects Your Decisions?
Sometimes the chart is perfectly fine. The setup may even look attractive.
But the trader sitting behind the screen may not be in the right mental state to take that trade.
The Market doesn't care whether you made a Profit yesterday or had a Loss this morning.
The Market Is New Every Minute
The market doesn't carry your previous trade into the next one.
Your previous profit doesn't give you an advantage. Your previous loss doesn't mean the market owes you anything.
The Market is new every minute.
But...
We often sit down to take a new trade with our old emotions.
Before taking a Trade, don't Check the Chart. Check yourself.
What Happens When Your Mind Is Calm?
From experience, I would say just one thing:
If your decision was taken with a calm mind, even a loss can teach you something.
You can review the setup, understand what went wrong, learn from the decision and improve your process.
But if the decision was taken emotionally, even a profit can teach you the wrong habit.
Before You Take a Trade, Ask Yourself:
- Am I taking this trade because the setup is valid?
- Am I feeling FOMO?
- Am I trying to recover a previous loss?
- Am I trading because I genuinely see an opportunity?
- Or am I simply uncomfortable sitting without a trade?
- If this trade becomes a loss, will I still accept the decision?
The Biggest Rule of Trading?
And perhaps...
The biggest rule of Trading is not the right Entry but the right state of mind.
A perfect entry taken emotionally can still become a bad trading decision.
A good process followed with discipline can remain valuable even when the individual trade loses money.
Your biggest edge may not be another indicator. It may simply be emotional discipline.
Experience Teaches What Books Cannot
No one will tell you these things.
Because these things are not only from books, but are also based on experience.
The market can teach you technical analysis, risk management and trading strategies.
But over time, it can also teach you something much more important — how you behave when money is involved.
Living in reality is better than living in the world of illusions.
In trading, the first person you need to understand is not the market.
It is yourself.