​Emotions are an essential part of human life. In fact, emotions and feelings are the factors that distinguish us from the rest of the living beings on this planet. They also protect us in our everyday lives and make our lives worth living.
When someone compliments you, you feel happy. When you expect misfortune, you get scared. Of all the emotions, fear is very powerful. It helps us protect ourselves from external harm. So, we can say that we are very attached to our feelings.
However, it is important that you keep your emotions in check while trading and be logical. The game is such that your emotions will be tested every now and then.
Institutional traders understand market psychology better than any private trader. They take advantage of the emotional imbalances of private traders to gain an advantage over them and are almost always successful.      
So, what do you need to do as a private trader to be successful?
The answer is to remain unemotional and believe in your strategy and logic more than how you feel about trading.
But how?
The best way is to detach yourself from your emotions and the money you put into the trade. When you're scared, it's hard to think clearly. That's why you make hasty decisions. This eventually leads to mistakes.
Always remember: the more you stay calm and detached and can think objectively, the easier it will be for you to control your emotions.
Successful traders put their logic above any emotion that could sabotage their trading. They stay away from anything that could trigger emotions, such as the amount of money at stake, the latest news they've come across, current market events, etc.
As a newbie, it is almost impossible to remain emotionless. It is only too human to avoid any risk or loss.
One of the ways I finally managed to stay emotionless was by treating my real account like a demo account. I started to believe that the money in my real account was just play money. But at the same time, I followed every single rule I set for my trading strategy. This helped me a lot to execute my trades professionally.
I learned to trade like an electrician checking a fuse box.
Finally, at the beginning of your trading career, you should never risk your entire savings or any large amount. This will only amplify your emotions in the event of an unfavorable scenario. Always give priority to logic and stay away from anything that lets your emotions into play.

​Trading is one of the most rewarding jobs in the world. It offers the freedom and flexibility that you can never expect in your typical day job. But as they always say - "with great power comes great responsibility." If not anything else, trading is a constant fight between you and the financial market you trade. As a job that requires your complete attention, it can get monotonous and pretty stressful.   
You will come across situations where you spend hours developing a trading strategy, back-test it in a demo account, and finally, applying it to the live markets only to see a disastrous failure. What would you do in that situation? Do you go back to the drawing board to see where you went wrong? Or turn off the system to take a walk? Both are great options except for the third one: feeling demotivated, stressed, or going on a revenge trade. 
It is important to stay super attentive when you trade. Feeling the stress is that one thing that takes the focus off your mind. Therefore, you must know that not trading is better than trading the markets with a stressful mind. Stress is inevitable in trading, and humans aren't sophisticated machines to stay focussed all the time. 
We recommend you follow the below practices to effectively avoid stress when you trade the global financial markets.
Have No Expectations: You should have absolutely zero expectations from the trades you place. This might sound dramatic, but it is true - expectation is the primary source of disappointment. It is important that you work on your strategy and do everything right to end the day with profits but do not expect that. If you do so, and the outcome is different, you will be stressed and dejected. 
Take Calculated Risks: One of the most common mistakes we make while trading is "wishful thinking." Do not risk your account and be certain about hitting the "take-profit" in a world of uncertainty. You won't be stressed even when the outcome is not in your favor when you take calculated risks. 
Prepare: Imagine attending a must-crack interview in a Fortune 500 company, but you hardly have any relative experience. Would you be stressed or relaxed? Obviously the former right? The same applies to trading as well. When you know what to do in a certain situation, you won't be stressed when you are prepared on how to react to it. Always stay prepared!
Accept The Reality: Trading is not about winning vs. losing. It is about winning more and losing less. So when you fail, instead of feeling discouraged and stressed, accept the reality. See what you can learn from that mistake and make sure you won’t repeat them ever again. 
Avoid Self Sabotage: As humans, we tend to find the easiest and more temporary ways to feel relaxed. Consuming caffeine, smoking, and drinking are a few toxic things traders prefer to avoid stress. Although you find instant relief doing these, ironically, they increase your stress levels in the long term. You know the harmful effects these habits will have on your health. Hence, I suggest you practice healthier alternatives to avoid stress. Meditation, regular exercise, and spending quality time with family and friends can do wonders for your mental health. All the best!

There is no denying that your emotions play a crucial role in your success while trading in the global markets. But many novice traders understand this concept in an entirely different way. They believe that making trading decisions by being absolutely emotionless will help improve their decision-making process. They can’t be more wrong. 
Profitable traders are not emotionless. They are emotionally tough and stable. That is one crucial aspect that differentiates amateurs and professional traders. Many renounced psychologists believe that “emotion” is a crucial factor in increasing performance. When you take out the emotion from the picture, sustainability in anything becomes impossible. 
Therefore, you need to go through and experience a range of emotions to become emotionally tough eventually. Unless you do that, achieving a supreme level of performance becomes impossible. Having that said, negative emotions like self-doubt, fear, and anger can sabotage your trading. Failing to manage these will restrict you from doing what you are really capable of. 
This is when you must be emotionally flexible. It is the ability of a person to be open and true to themselves. Typically what people do in a time of crisis is to escape from reality and be defensive. For instance, if your trade fails and you lose about $1000, what would you do? Do you avoid the problem by blaming it on the market, strategy, your mentor, etc.? or do you get into the root cause analysis on why the trade failed by taking the blame on you? 
If you are the latter, you will eventually be a winner. It is important to go through emotions like fear. But it is more important to overcome those emotions by replacing them with positive emotions like curiosity, enthusiasm, and humor. Eventually, the winners are the ones who have a creative approach to solving a problem rather than being stuck in any of the negative emotions. Getting past those emotions is only possible when you are open to experiencing and inculcating a wide range of positive emotions. This is exactly what I call emotional toughness and flexibility. 
Finally, make sure to stay connected with your positive/negative experiences, try always to remain positive, and quickly bounce back from any bad experience. This will enhance your trading performance and help you lead a happy, guilt-free life.