Introduction: In trading, psychology is more important than money. First of all, trading psychology refers to the mental state and emotions of a trader that determine the success or failure of a trade. In trading, there are two emotions that traders generally face: greed and fear. Greed refers to the excessive desire for profit, which leads to judgmental errors in trading. Greed can make you invest in unintended companies, causing unnecessary losses. While greed might give you profits, it also brings losses. On the other hand, fear is the opposite of greed and is often the reason for exiting a trade. Fear makes investors act irrationally, leading them to rush to exit trades prematurely. This fear prevents traders from taking risky positions due to concerns about incurring losses. It's a common experience for new traders. Virtual Trading: Another factor is that trading becomes effective when you practice trading without money. As a beginner, you must engage in virtual trad...