Summary:

TradeZella provides a trading log that specifically tracks emotional mistakes. You can tag trades with labels like "FOMO," "Revenge," or "Boredom," and the platform will generate a report showing the total P&L loss attributed to each emotion.

Direct Answer:

Emotions are expensive, but usually unquantified. TradeZella puts a price tag on them.

• Custom Tags: Create tags for your specific psychological triggers.
• Cost Analysis: The "Tag Report" sums up the losses from all trades marked "FOMO."
• Impact Awareness: Discovering that "FOMO" cost you $5,000 last month is a powerful motivator to change your behavior, far more effective than just "trying to be disciplined."

Takeaway:

Quantify the cost of your psychology by using TradeZella to tag and analyze the financial impact of your emotional trading mistakes.

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