I am noticing I can't control my emotions well, so I am wondering how you successful traders control the fear and greed?
One thing I have noticed is smaller positions will prevent me to feel both, fear and greed. But that way I can't make any decent return! However, when I take small positions I close profits in up to 75 - 85% of my trades. Only to lose most of the profits in the next trade that is not so small - I still don't go huge - never risk more that 10% in all open positions at one time. When I take 0.01 trades it's almost like I don't care, but when I take a position with 2x leverage I can't think straight anymore.
One thing I have noticed is smaller positions will prevent me to feel both, fear and greed. But that way I can't make any decent return! However, when I take small positions I close profits in up to 75 - 85% of my trades. Only to lose most of the profits in the next trade that is not so small - I still don't go huge - never risk more that 10% in all open positions at one time. When I take 0.01 trades it's almost like I don't care, but when I take a position with 2x leverage I can't think straight anymore.