Emotional control is a very key aspect of our trading journey which must be taken seriously, The world of trading is risky as it involves losing and gaining money and emotions must be attached. To control emotions we must risk what we can afford to lose, then secondly as a trader, we must understand the fact that either you gain it or you lose it, Having the mindset of only thinking to always win will in the end bring emotions when you lose.
Lastly, we must avoid trading with a lower timeframe because of its noise, and with that, you will be to tackle attaching emotions when trading.
Do you think that traders who trade millions of dollars only trade what they are willing to lose? At some point, when a trader realizes that he can earn good money on this, he starts trading for much larger amounts than those that he is ready to lose. But if you always trade only what you are willing to lose, then the results will be mediocre, and you will not lose much, but you will not be able to earn much either. Trading is a risk, and those who are willing to take risks will achieve great results.
Making sense and it's reality, those big whales are also traders who seen the opportunity, they bring millions and they take that big risk as they expect that huge amount of profits, same with your argument, if you play with your capital the outcome will dictate the value of your potential profits, the more money you risk with your trade position the higher the chance that you may lose a lot or if anticipation is correct, then the amount of benefits are also huge.
It's your decision making that matters, knowledge and a big good luck will allow you to make that huge benefits, just know how to play with that emotions and be precise about how you understand the market in order not to be move by some shake around.
