{"id":8001,"date":"2015-07-22T20:38:16","date_gmt":"2015-07-23T01:38:16","guid":{"rendered":"http:\/\/priceactiontradingsystem.com\/?p=8001"},"modified":"2026-08-14T17:21:27","modified_gmt":"2026-08-14T22:21:27","slug":"day-trading-is-mostly-mental","status":"publish","type":"post","link":"https:\/\/priceactiontradingsystem.com\/day-trading-is-mostly-mental\/","title":{"rendered":"Day Trading Is Mostly Mental"},"content":{"rendered":"\n
\"Learn<\/a>
Learn how your mind affects your day trading.<\/figcaption><\/figure>\n\n\n\n

Today we will talk about trading psychology,\u00a0and why day trading is mostly mental<\/strong>. \u00a0If you break trading down to the very basics, much of it is very similar to life in general. \u00a0It is a catch 22 really, as your trading plan and your mind are normally working against one another. \u00a0Once you finally make it and you do become a profitable day trader, it really will\u00a0all make sense, but\u00a0putting the two together takes time, hard work, sacrifice and a million head aches and heart aches as you try to grasp what really needs to be done.<\/p>\n\n\n\n

Rather than me rehash the same old stuff though, I am going to share with you an article that another trader sent me that spells it out in plain English. I normally do not post other people’s work here on our website, but this explanation of trading psychology hit a nerve with me, so I thought it was worth posting for everyone to read.<\/p>\n\n\n\n

Traderfeed had the following to say:<\/p>\n\n\n\n

Promiscuity and trading:  admittedly not the most common of topics in trading psychology, but I think it’s quite relevant.<\/p>\n\n\n\n

Alvarez makes a good point:  on important matters in which we feel commitment, there is no promiscuity.  If you’re committed to physical health and being in peak conditioning, you won’t be promiscuous in what you eat.  If you’re committed to a marriage, you won’t be sexually promiscuous.  If you’re committed to career or a religious faith, you will necessarily be selective in what you pursue. You can read the entire article at http:\/\/traderfeed.blogspot.com\/2015\/07\/the-problem-with-promiscuity-in-trading.html<\/a>.<\/p>\n\n\n\n

So yes, a large portion of success in day trading is related to your mental state.  If you are not committed 100% to your trading plan, and if you can not be patient and follow your rules, success will be fleeting. Those that are looking to enter on every new bar are simply going to over trade and find their trading strategy littered with losing trades, even if it is a great trading plan.  On the other hand, you can not sit idle and watch great trades set up and go without you.  The key is to be patient and wait on the proper set ups, but when they appear, you can not be afraid to pull the trigger.<\/p>\n\n\n\n

Day trading is mostly mental<\/strong>, and once you get a grasp on that fact and learn to control your emotions and trade without fear or greed, you can then likely take the next step forward in your trading career.<\/p>\n","protected":false},"excerpt":{"rendered":"

Today we will talk about trading psychology,\u00a0and why day trading is mostly mental. \u00a0If you break trading down to the very basics, much of it is very similar to life in general. \u00a0It is a catch 22 really, as your trading plan and your mind are normally working against one another. \u00a0Once you finally make […]<\/p>\n","protected":false},"author":1,"featured_media":8006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[80,1],"tags":[],"class_list":["post-8001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mental-mindset-psychology","category-all-articles-related-to-price-action-trading","pmpro-has-access"],"rttpg_featured_image_url":{"full":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"landscape":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"portraits":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"thumbnail":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental-150x150.jpg",150,150,true],"medium":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"large":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"1536x1536":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"2048x2048":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false],"rt_custom":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2015\/07\/Day-Trading-Is-Mental.jpg",198,255,false]},"rttpg_author":{"display_name":"Mack","author_link":"https:\/\/priceactiontradingsystem.com\/author\/mack\/"},"rttpg_comment":7,"rttpg_category":"Mental - Mindset - Psychology<\/a> Non Member Articles (Free)<\/a>","rttpg_excerpt":"Today we will talk about trading psychology,\u00a0and why day trading is mostly mental. \u00a0If you break trading down to the very basics, much of it is very similar to life in general. \u00a0It is a catch 22 really, as your trading plan and your mind are normally working against one another. \u00a0Once you finally make…","_links":{"self":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/8001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/comments?post=8001"}],"version-history":[{"count":1,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/8001\/revisions"}],"predecessor-version":[{"id":101402,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/8001\/revisions\/101402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media\/8006"}],"wp:attachment":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media?parent=8001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/categories?post=8001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/tags?post=8001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}