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Psychology of Forex Trading
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Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Feb 10 at 06:05
NEEnah posted:
Monnex posted:
Forex Psychology: Support & Resistant levels are important for entry and stop your positions


That's true but how does this relate to psychology??


beginner traders ignoring them and open trades without even thinking

what i mean that traders must learn how important to educate themselves

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Feb 10 at 06:22
Forex Psychology: Don't jump into the market without trading plan

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
mlawson71

Member Since Dec 11, 2015  1014 posts mlawson71 Feb 10 at 12:55
Monnex posted:
Forex Psychology: Don't jump into the market without trading plan


That’s not just psychology, it’s basic common sense.

mr_cenk

Member Since Mar 14, 2016  44 posts Kartal (mr_cenk) Feb 10 at 15:09
mlawson71 posted:
Monnex posted:
Forex Psychology: Don't jump into the market without trading plan


That’s not just psychology, it’s basic common sense.


Yeah! lol

FxMasterGuru

Member Since May 04, 2012  1559 posts FxMasterGuru (FxMasterGuru) Feb 10 at 18:56
Planning the trade is the EASY part.

TRADING the PLAN is a whole different story... Unless you leave this second part to an unemotional trading robot.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Feb 10 at 19:48
mlawson71 posted:
Monnex posted:
Forex Psychology: Don't jump into the market without trading plan


That’s not just psychology, it’s basic common sense.


Yeah it is, but this common sense not found in beginner traders

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
mlawson71

Member Since Dec 11, 2015  1014 posts mlawson71 Feb 11 at 12:19
Monnex posted:
mlawson71 posted:
Monnex posted:
Forex Psychology: Don't jump into the market without trading plan


That’s not just psychology, it’s basic common sense.


Yeah it is, but this common sense not found in beginner traders


Hahaha, thank you, that genuinely cracked me up just now and I needed it.

Crowe

Member Since Feb 08, 2017  6 posts Crowe Feb 12 at 07:59
Trading psychology is very important thing for a forex trader who want to be a market leader. He or she have to understood the trading psychology whether it is long term trade or short term trade. When you want to become a master trader you have to understand the market psychology in a discipline way. Because when a trader trade with their emotion he or she can lose his account.

Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Feb 13 at 09:07
Forex Psychology: Don't feel excited from unrealized winning trade

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
MC85

Member Since Jul 09, 2015  48 posts MC85 Feb 13 at 11:10
Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade


Or also maybe don't feel sad about the missed opportunity.

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