When we trade with fear it is hard to think clearly.
Not thinking clearly will make block your way of looking at the markets at an objective view so you are missing out on information that can help you in your trading.
By using numbers you can activate different parts of your brain that help you lose the fear.
Try to scale your fear from 1 to 5, 5 being the most terrified it is possible to be and 1 being the fearless state.
Ask yourself: “What number on the scale am I right now? “ Just doing this will help you overcome and control fear because it kick-starts the thinking brain, you are taking control, weakening the emotion and automatically making you calmer.
It's important to follow a simple system with entry, take profit and stop loss rules to stay focused and not get stuck in a trade too long. Getting in and out of low-risk and high-reward trades is the key to clear thinking and profitable trading, as I show in this video: