A Trader’s mindset plays a huge role in the success of a stock market. Most traders are not successful in the stock market despite having good knowledge because their mindset is not developed. If the trader is not patient and possesses high emotional swings, then he will do panic buying and selling i.e. taking wrong entry and exit decisions due to fear or greed. Greed can make you take high risks and wrong exit decisions resulting in high losses. If you stay calm and patient then you will be able to make better entry and exit decisions. While trading, stick strictly to your trade setup and risk management to become profitable.
