Trading is much more about managing emotions and execution, rather than forecasting.

All decisions we make are effected by our thoughts, sensations and feelings. 

If a trader is not aware of those subconscious subtle intentions,  feelings, thoughts and emotions, and doesn’t have the skills to deal with them, they will mess with his minds and create a conflict which results in clouding our perception, judgment & trading errors as we project our inner beliefs & intentions onto the market

Trading mindset is more about a balance between our thinking intellectual brain  and emotional brain, hence is where the art skill comes into the game.

A trader should always be open minded, flexible, confident, and focused on his edge & process while managing risk accordingly.

Not accepting uncertainty, micromanaging and trying to perfect everything will lead to ego based emotional trading, and triggering fear and survival brain.

The following some of the common trading emotional/psychological challenges traders face.

Fear of missing out, fear of being wrong which translates to trading not to lose. moving stops, not accepting risk..etc

Need to prove, Fear of pulling trigger, trading to win, focusing on results and P&L.

No matter how confident one is about the system, if we are not mindful and aware of those subtle intentions, feelings & subconscious emotions will sneak in and make us do things that we regret afterwords as our mind and perception gets hijacked by our emotions.

If a trader blinded and unaware of those subconscious limited beliefs & patterns, he will continue to trade with his conditioned mindset and repeat the same mistakes over and over & wonders why he keeps on losing or repeating the same error.

Being in a trading mindset aware and focused while managing risk, emotions and setups, is where all the trading skills come into play, and create positive consistent results while trading in a calm, focused, hunble and confident state of mind.

Otherwise, a trader will continue to struggle and trade emotionally based on default survival brain.