Emotional Trading Mistake Detector

Answer the following questions to help identify potential emotional trading mistakes.

1. Do you often hold onto losing trades, hoping they will recover, even when market indicators suggest otherwise?

2. Have you ever sold a profitable trade too early due to fear of losing paper gains?

3. Do you find yourself buying assets primarily because their price has been rapidly increasing (chasing the trend)?

4. Do major market downturns typically cause you to panic sell your holdings?

5. After a string of successful trades, do you feel overconfident and take on more risk than usual?

6. Do you find yourself making trading decisions based on "gut feelings" rather than thorough analysis?

7. Do you regret missing out on past market rallies and try to jump into current ones without proper research?

8. Are you unwilling to sell an asset for a loss, even if holding it means potentially greater losses?

Emotional Trading Mistake Report

Your Responses

Question	Your Answer

Your Emotional Trading Profile

Common Biases & Strategies to Overcome Them

Understanding these behavioral biases is the first step towards more rational and disciplined trading. Developing a clear trading plan, setting stop-loss orders, and maintaining a trading journal can help mitigate emotional influences.