Stop Boredom Trading: Protect Your Capital, Protect Your Mind Tangible Steps to Avoid Costly Mistakes: 1. Have a Trading Plan: Define your strategy, entry/exit points, and risk-reward ratios before entering any trade. Stick to it, no matter how tempting it is to deviate. 2. Set a Trading Schedule: Trade only during your most focused and optimal market hours. Avoid impulsive trades just to “be in the market.” 3. Use Alerts, Not Screens: Set price alerts instead of constantly staring at charts. This prevents overanalyzing and rash decisions. 4. Keep a Trade Journal: Document every trade, including rationale, emotions, and outcomes. Reviewing this will help you identify boredom-driven mistakes. 5. Engage in Alternative Activities: When you’re tempted to trade out of boredom, shift focus to backtesting strategies, reading market insights, or exercising to clear your mind. 6. Set Risk Limits: Establish a maximum loss per day or week. If you hit the limit, stop trading immediately. 7...