The 12 Steps of AA mentioned by Cucumber Cat, applied to the psychological preparation in the market: Just writing them down has already given me some insights… 1. I admit I am powerless to control my trading impulses; my account has become unmanageable. 2. I believe there is a higher power within me that can restore my rational trading. 3. I decide to entrust my will and trading life to a higher power. 4. I conducted a thorough and fearless review of my trading and losses. 5. I will confess the truth of my trading mistakes to the higher power, to myself, and to others. 6. I am fully prepared to let the higher power remove all these character flaws (greed, fear, impulsiveness) from me… 7. I humbly ask Him (note the word "He") to remove my shortcomings. 8. I have compiled a list of people indirectly harmed by my account blowout (including myself, family, and friends), and I am willing to apologize or compensate them all. 9. As long as doing so does not harm them or others, I will directly compensate or apologize to these individuals. 10. I will continuously conduct personal reviews and immediately acknowledge any mistakes I make in trading. 11. I will improve my conscious contact with higher powers through prayer and meditation, seeking only to understand His requirements for me and the power to fulfill those requirements. 12. As a result of these steps, I experienced spiritual awakening, and I strive to share this message with other traders prone to account blowouts and practice these principles in all my affairs. That's all.