In a speculative aspect, the fear of opening positions is not the main one, it seems to accumulate in itself several types of more subtle manifestations:

• You can't concentrate, due to too much loss in case of failure. This is not a competent definition of the capital with which you are able to work.

• Excitement or, in other words, anxiety before opening a position, when there are no good reasons for that.

• You change your mind with each next formed candle.

• It seems to you that after all the material studied, you are ready to trade, but after you open the chart, you begin to doubt your ideas. This also contributes to the development of an additional “under fear”: -I'll never be able to figure it out.

• You have a hard time letting go of losing trades.

• FOR EXAMPLE, having analyzed the stop loss, you continue to think about the deal, saying to yourself that “I originally thought so.”

This is natural, it seems to me, to all newcomers to the industry, not having the proper level of competence in the speculative business. Wanting to earn money quickly, they get “moose”, against this background they begin to doubt their actions, gaining self-doubt.

To be clearer, in this chapter I will describe how I felt on my journey to becoming a trading expert. The questions that visited my head during the training period, due to the wrong approach and the usual mood for the new, after the first read section, I realized that I should add an order block to the support line, it would be more reliable. I received losses, but the wrong approach to learning new information completely overshadowed the cup of fear, I did not notice how I had concerns and doubts about the correctness of the choice or my ability to acquire new skills. If we dig even deeper, closer to 2015-16, I was in a very scam mood regarding crypto, every time I had some speculative opportunities, after a successful spin, I instantly removed my resources from the sites so that I would not be scammed. At the time of the birth of the bearish market, I had thoughts that the market had sucked, and at that time it was the only way to close the need for “investment”). Later, new, not fully assimilated information began to mix with the old, the nuclear combination of two approaches to work gave more and more errors, I began to doubt its efficiency, in myself and in general in my involvement in this type of activity.

All this background, caused by the wrong approach, took a lot of time for all the mess from the head to be restructured in the head, and each impulse had its place. More complex problems with this setting had a special approach to eradicate internally.

If this problem was partially covered by the clarity of the information distributed over my head, I understood where and why to go and where there are shortcomings, what to work with, then my gambling state, which drove me into a rage, then tilted and then mutated into fear of sitting down at the terminal completely. The disadvantage found a solution in a short dialogue with myself, I determined that gambling begins at the moment of loss, I wanted to return the loss, but I did not think about what was the causative agent of this. Fear of losing everything, that's what. I was afraid that today is a loss, tomorrow is a loss, after tomorrow and .... And all because there was no work plan - a trading strategy, when you clearly understand at the moment of which to track your states, you understand what affects them. Assuming that your work instruction has a % expectation, then correctly calculated risks will not lead you to the complete liquidation of the deposit. You fix clear boundaries and acceptable losses in your head and accept it. The difficulty is that your deposit is correctly selected.

Some fall under the strong, clear predominance of the perception of capital as units of money rather than interest. When you, conditionally, earn not 1%, but you immediately convert it into a monetary unit and vice versa.

A poker term for a state of mental or emotional confusion or frustration in which a player adopts a sub-optimal strategy, usually resulting in the player becoming overly aggressive. Putting your opponent on tilt or dealing with your own tilt is an important aspect of poker.

Summarizing the above, I turned the description of the state into a formula that, in my opinion, properly describes the state:

Tilt = Failure + Anger

Now it will be easier for me to explain the features and principles of dealing with this condition, when we can deal with unfavorable components in this equation. But more about that later, now about the fundamental aspects of the appearance of anger, the derivative of which I defined anger.

Dopamine, a hormone and neurotransmitter which can later be synthesized in our brain into norepinephrine.

A winning trade that you define as such at the time of opening a position delivers the idea to a structure called the Thalamus, then goes to the cerebral cortex for processing. The thalamus stimulates the substantia nigra and the VTA, resulting in the production of dopamine.

For myself, in simple words, I determined that dopamine is a booster, a booster of emotions, good and bad. Only if good emotions, such as euphoria, are easily identified, then bad emotions, anger and what fuels it, are not. The main reason I identified was the inability to admit defeat.

The Tilt state does not always lead you to endless losses, what is called unconscious competence and all the skills at this level, even in bad moments, help you stop or minimize the loss.

One of the components that combines anger is anger. The state of anger is an emotion accompanying conflict. The conflict does not have to take place with a third party, your inner world may also be an opponent, but it is as obvious as the conflicts in which the second party is present.

Anger, with the right approach, can be an excellent indicator of a flaw that is worth working hard on, but in the absence of proper self-control, it leads a person (not only in trading activities, but also in life) to serious problems.

And the first step to solve the problem of tilt is to identify the real cause of the anger.

For better leveling of the psychological state, I would recommend not only keeping a trading journal, thanks to which you improve your technical part of trading, but also fixing your states in an “emotional diary”.

Various causes of depression:

1. Accumulated anger - Anger that provokes tilt is not always the result of one bad day in the market. Every time your deal was unsuccessful, but you allegedly control your emotions by letting go of the situation and forgetting for it, it becomes easier for you. I watched for a long time for my emotions that I experienced after a stop loss order, when I learned about this concept, by the way, it is fueled by the success of other speculators that you watch in social media or the community you are a member of. Having a certain boundary beyond which you explode, with each unsuccessful day it becomes closer, it is easier to piss you off. It starts to affect your daily life, not just your working condition. Every day the emotional threshold is reached faster and faster, having crossed his mind, emotions are absorbed - you stop assessing the situation sensibly. Subsequently, this leads to fear of opening a trade.

2. Anger due to anger, failure. Anger on tilt. Anger (more about anger towards yourself or others, in the format of anger). Most often this happens at a time when you have not yet reached the level of competence in trading and are at the stage - “I know everything”. You do not pay attention to all the factors that it is worth paying attention to before opening a trade. You get a stop, get angry after the price knocked you out, reaches your take profit. You think you were worthy of this successful trade because you are better than the rest. You begin to get angry, but the not fully conscious concept of controlling emotions, after the initial analysis, plunges you into even stronger aggression. The reason for this is the following sequence. I know everything, I control my emotions - how did he succeed, but I don’t, I spend more time on gaining skills - hell, I didn’t control myself at the moment when I was angry, although I lived this situation a few days earlier. Later, even the smallest irritant pisses you off, you are already angry, subsequent situations will be fuel for uncontrolled aggression.

The result of the above can not be described in one paragraph. On, that is, there are several reasons, and to be precise, various states, many variables, psychological states that contribute to the development of tilt. If luck, in case of compatibility of all factors on the graph, is calculated mathematically, internal states cannot be described in numbers.

The main task in the fight against this condition is early identification, for this you will need an emotional journal, which should be filled out not in the evening after the trading day, but as soon as possible after unsuccessful speculation.

A number of questions that you can ask yourself in case of failure, but first you should determine what pushes you to tilt states. This is one of the most difficult stages, due to self-criticism, this is difficult for every person.