Why 90% of the traders fail - and how you could be ahead

90% of Traders Lose Money in the Long Run

What emotions do you feel when you read this sentence?
Anger? 😡  Frustration?😤 Resignation? 😞 Fear? 😱Or rather determination? or 💪 Self-confidence?

Emotions are the key. Trading psychology, alongside poor risk and money management, is one of the main reasons traders fail.

But trading without emotions? Easier said than done. 🤷‍♀️

What if there was a tool to help you track and reflect on your emotions while trading?

There is! 🎉

At MindTrajour, we know how challenging it can be to master the psychological side of trading. That’s why we developed the Emotion Tracker – a simple, yet powerful tool to help you monitor and reflect on your emotions in every phase of your trades. 🎯

How It Works:

The Emotion Tracker is conveniently placed on the right-hand side of MindTrajour, always in view, ready to help you:

Trading happens in three key phases: Trade Plan, Trade Execution, and Trade Analysis. And the Emotion Tracker is there for all three. Start by clicking on ‘Trades’ on the left-hand menu to create your new trade plan and begin tracking your emotions.

1. Trade Plan

Observe yourself and your emotions while you create your new trading plan as usual. How do you feel? 🤔

Are you euphoric 🤩 because the underlay is currently rising and you can't wait to sell another put before the premiums fall again?

Perhaps your favourite share is currently plummeting and you are desperate to sell because you are panicking that it will fall even lower. Fear 😨 and uncertainty are spreading.

Reflect on yourself and your feelings. Simply click on the corresponding emotion or emoji 😊 and add your feelings in the space below.

Remember: your thoughts, your mind and your body are connected 🧠💭💪 Also pay attention to physical symptoms such as sweaty hands, high pulse ❤️‍🔥 or blood pressure 📈 etc., which you can of course also add in the free field.

By the way: The Emotion Tracker works like a chat 💬: Basically, you send messages about your emotional state to your future self - recording your emotional state with time stamps and phases (plan, execution, analysis). Of course, you can add further emotions at any time.

Once your trade has been executed, you will return to MindTrajour in the ‘Trade Execution’ section.

2. Trade Execution

Watch yourself again as you enter the data. Are you happy 😊 with the prices at which the trade was executed? Or are you feeling disappointed 😔 or uncertain 🤷‍♀️? Go back through your old entries in the Emotion Tracker to revisit how you were feeling when you set up the plan. Reflect on the connection between your emotions then and now, and consider what insights you can gain to improve your next trades. 📈✨

3. Trade Analysis

Once a trade is completed, one of the most important phases follows: Analyzing and reflecting.

Looking back, how do you feel about the trade? Are you happy with the profit? 😊 Did you suffer a loss and feel angry about it? 😡 Go through your emotions from the previous phases, especially how you felt when setting up the trade plan.

Important: Reflect on your emotions and actions!
Were you impulsive because FOMO kicked in? 🤯 How did that affect the result? Or were you too anxious? 😰 Ultimately, what insights and lessons can you take away from your trade? 💡

Why It Matters:

Your thoughts, emotions, and even physical reactions (like sweaty hands or a racing pulse) have a direct impact on your trading decisions. Reflecting on these moments helps you stay calm, trade more rationally, and avoid costly mistakes.

Are you ready to take control of your emotions and improve your trading results? 🎯
Start using the Emotion Tracker today and move closer to becoming one of the successful 10% of traders who thrive long-term.

We’d love to hear your feedback and insights! 💬

Your MindTrajour Team