Mind management

Mind management (Psychology) มีผลต่อความสำเร็จของการเทรดแต่ละครั้งถึง 60% ซึ่งตัวแปรหลัก ๆ ด้านจิตใจที่ทำให้เทรดเดอร์ไม่ประสบความสำเร็จ มีสี่อย่างด้วยกัน ดังนี้

1. Lack of methodology: Solution —> Must have a defined methodology, Simple & Clear of Entry, Stop and Exit. Good if you can identify the method within the name card size.
2. Unrealistic expectation: Solution —> Must have a reasonable target (Reward). Let the market give you, not expect. A reasonable target is from statistic only; it is approximately not certainty. The only thing you can control is RISK.
3. Lack of patience: Solution —> Must be patient. Doesn’t worry about missing an opportunity today, there will be tomorrow, next week, next month, … Make it clear, then trade it.
   1. Analyze chart for clear patterns.
   2. Wait for price action to confirm analyzed.
   3. Entry at a specified level without feeling.
4. Lack of discipline: Solution —> Must have discipline to follow the methodology. If you do not follow your methodology, it means no methodology anymore.

In 3Ms (Method, Money and Mind), the first thing to consider is your mind. Let understanding them from Mind management, Money management and then Method management.