A trader undergoes a lot of emotions and mental turmoil while trading. All these emotions and mental state that help a trader to dictate his or her success or failure in trading securities are broadly known as Trading Psychology. Like any other attributes, trading psychology is an important aspect of a trader. A trader may be very sound and well equipped in terms of knowledge, indicators, investment, experience, skill etc, but the lack of a proper and maintained trade psychology can ruin his rate of success in the trading world. Trading comes with a lot of ups and downs. One often needs to dart in and out of stocks on short notice. This requires quick decision making skill and presence of min along with good understanding of the market. The two principle psychological traits one needs to practice throughout his or her trading life are Discipline and Risk-taking A trader’s implementation of these aspects is critical to the success of his or her trading plan. I