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Not having emotional attachment to the position; This is just an idea which may be right or wrong.
Published by The Retail Trader · JUL 31, 2026 · Trading Psychology
Detachment — Not having emotional attachment to the position; This is just an idea which may be right or wrong.
This term comes under Trading Psychology, in the section "Long RACE Terms". And finally the words that make a career, not a trade:
Other terms in this group — understanding them together is more useful:
• Consistency
• Patience
• Compounding
• Drawdown Recovery
• Screen Experience
• Edge Trust
• Boredom Tolerance
To read the entire group and all its examples in one place, see the journal "TRADING PSYCHOLOGY: Words from the Mind" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.