Emotional Intelligence

Emotional Intelligence

Your ability to understand and manage emotions - yours and others. A set of skills including self-awareness, self-regulation, motivation, empathy, and social skills. In trading, high EQ helps you recognize emotional states, manage them, and make better decisions under pressure. Example: A trader with high EQ notices their heart racing after a loss, recognizes it as fear, takes a break, and returns to trading calmly. Low EQ trader doesn't notice and immediately makes a revenge trade.