Psychology of Forex Trading
Membro Desde Nov 15, 2015
56 postagens
Feb 26, 2017 at 13:29
edinson posted:MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
For sure there will be missed opportunities but professional trader don't open positions for every signal trade he saw 😄
Membro Desde Nov 15, 2015
56 postagens
Feb 26, 2017 at 13:31
jhonix posted:edinson posted:MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
Exact.😄
Also be aware of being disciplined.
Build your own plan and respect it to the end. To operate is not only to take a position, but also to have a valid reason for which losing position that has already crossed its limit of loss. It is possible that in some cases this will prove to be positive. However, if it does not turn out, the loss can be significant. Respect your plan and be disciplined.
i liked the word RESPECT your plan, its very important 😉
Membro Desde Dec 11, 2015
1487 postagens
Feb 27, 2017 at 12:19
That's one way of putting it. Respect your plan, respect the effort you've put into it, and the risk you're exposing yourself to if you don't follow your plan.
forex_trader_372845
Membro Desde Oct 31, 2016
36 postagens
Feb 27, 2017 at 14:02
Monnex posted:jhonix posted:edinson posted:MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
Exact.😄
Also be aware of being disciplined.
Build your own plan and respect it to the end. To operate is not only to take a position, but also to have a valid reason for which losing position that has already crossed its limit of loss. It is possible that in some cases this will prove to be positive. However, if it does not turn out, the loss can be significant. Respect your plan and be disciplined.
i liked the word RESPECT your plan, its very important 😉
Yes of course..!😉
I also believe that being disciplined facilitates the way, makes you constant and master those unnecessary impulses that hinder what you want to achieve. Simply because discipline is a powerful tool.
forex_trader_381988
Membro Desde Dec 06, 2016
37 postagens
Feb 27, 2017 at 19:49
Learn to see faults not as problems, but rather as useful information to get to know yourself better. Maybe, at the end of the day, it will be possible to find out who you really are. Just remember that nobody is perfect.
forex_trader_373781
Membro Desde Nov 03, 2016
20 postagens
Feb 28, 2017 at 07:56
jhonix posted:
Learn to see faults not as problems, but rather as useful information to get to know yourself better. Maybe, at the end of the day, it will be possible to find out who you really are. Just remember that nobody is perfect.
Good point..!
There is a phrase that says, 'No one is perfect, we all make mistakes, but we must learn from them not to commit them again. '
Membro Desde Nov 15, 2015
56 postagens
Feb 28, 2017 at 13:22
Forex Psychology: The Power of NO, Don't Trade when (NO Plan - NO Strategy - NO Risk Management - NO Signals)
Anexos :
forex_trader_384200
Membro Desde Dec 13, 2016
9 postagens
Feb 28, 2017 at 14:38
@Monnex Excellent advice, is the best way to keep our money safe. Do not trade when circumstances are not in favor.
forex_trader_373781
Membro Desde Nov 03, 2016
20 postagens
Feb 28, 2017 at 19:08
Monnex posted:
Forex Psychology: The Power of NO, Don't Trade when (NO Plan - NO Strategy - NO Risk Management - NO Signals)
I agree with you! .. good point.
Also patience is key to success in trading. Without it, you will quickly find yourself losing money. It is better to operate when you are sure !.
forex_trader_382738
Membro Desde Dec 08, 2016
10 postagens
Mar 01, 2017 at 07:23
jhonix posted:edinson posted:MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
Exact.😄
Also be aware of being disciplined.
Build your own plan and respect it to the end. To operate is not only to take a position, but also to have a valid reason for which losing position that has already crossed its limit of loss. It is possible that in some cases this will prove to be positive. However, if it does not turn out, the loss can be significant. Respect your plan and be disciplined.
Of course.
A plan is vital to the success of your business. Without a plan, even the best intentions can not be realized. You should plan the work and then work out the plan, or your goals will not be achieved.
forex_trader_388839
Membro Desde Jan 02, 2017
10 postagens
Mar 22, 2017 at 07:32
fellipefx posted:jhonix posted:
Learn to see faults not as problems, but rather as useful information to get to know yourself better. Maybe, at the end of the day, it will be possible to find out who you really are. Just remember that nobody is perfect.
Good point..!
There is a phrase that says, 'No one is perfect, we all make mistakes, but we must learn from them not to commit them again. '
I agree with you..
It all boils down to your mental integrity, and the ability to keep following the rules under pressure. No one is perfect, even the best traders 'paint off the edges' sometimes, and need some good psychological tutoring to regain concentration.
Membro Desde Nov 15, 2015
56 postagens
Mar 22, 2017 at 08:03
km113 posted:
I think you're much more likely to feel calm under pressure if you trust your plan. If a strategy has not been tested enough, you may be left with doubts that would lead you to fear.
Although traders are scared to suffer losses, so they close their positions before they can generate profits. It is also possible that a person frightened by their current losses holds open a losing position in the hope that the market will change in their favor.
Yeah i'm too agree with you
More successful of winning trades give more confidence to the trader to his strategy and he will be more calm to take decisions.
Membro Desde Feb 22, 2011
4862 postagens
Mar 22, 2017 at 08:39
km113 posted:
I think you're much more likely to feel calm under pressure if you trust your plan. If a strategy has not been tested enough, you may be left with doubts that would lead you to fear.
Although traders are scared to suffer losses, so they close their positions before they can generate profits. It is also possible that a person frightened by their current losses holds open a losing position in the hope that the market will change in their favor.
well you can avoid feeling under pressure by using expert advisors
Membro Desde Feb 12, 2016
522 postagens
Mar 22, 2017 at 10:20
km113 posted:
I think you're much more likely to feel calm under pressure if you trust your plan. If a strategy has not been tested enough, you may be left with doubts that would lead you to fear.
Although traders are scared to suffer losses, so they close their positions before they can generate profits. It is also possible that a person frightened by their current losses holds open a losing position in the hope that the market will change in their favor.
Or to keep self-control at all the time when you trade. :)
forex_trader_387595
Membro Desde Dec 27, 2016
14 postagens
Mar 23, 2017 at 07:35
One way I see most traders lose also is the part of trading someone else's funds. o tend to make more emotional mistakes then than most times.
forex_trader_365504
Membro Desde Oct 02, 2016
8 postagens
Mar 23, 2017 at 07:54
Have patience .. Among the tricks and most important Forex tips you can follow is patience. 'Rome was not made in a day' and this is also true for trading, be patient and wait for the market to show good opportunities, sometimes they just will not be there, so you have to wait.
forex_trader_366436
Membro Desde Oct 05, 2016
10 postagens
Mar 24, 2017 at 07:07
No matter how good your strategy, the other factor that will always influence your results are your own emotions. After all, it is the emotions that move the markets. Most of our indicators are designed to give us a measure of our emotions. And in order to gain profits from the market movements created by the emotions of others, you must first learn to read the mood behind the movement, and also how to recognize and control your own.
forex_trader_366438
Membro Desde Oct 05, 2016
4 postagens
Mar 24, 2017 at 07:08
It is possible to get average earnings from Forex trading while there are some who have managed to obtain a fluidity and financial freedom from the trading platforms, anyway reaching that point requires absolute dedication to the cause, so the first Advice would be to try to achieve some kind of gain at first, remember not to walk before learning to crawl.
forex_trader_367569
Membro Desde Oct 09, 2016
15 postagens
Mar 26, 2017 at 07:03
One of the driving forces, which makes him participate in the work of speculative financial markets, is the possibility of earning 'easy money,' or directly-coveting. The result of greedy action is the motication to make transactions.
One can distinguish between two types of motivations:
Rational motivation - is expressed through cold prudence in making decisions about how to operate.
Irrational motivation - is expressed through the passion of the player; Are slaves of their emotions and are almost doomed to lose.
One can distinguish between two types of motivations:
Rational motivation - is expressed through cold prudence in making decisions about how to operate.
Irrational motivation - is expressed through the passion of the player; Are slaves of their emotions and are almost doomed to lose.
forex_trader_368320
Membro Desde Oct 12, 2016
12 postagens
Mar 26, 2017 at 07:27
The factor that motivates the trader to perform operations is the hope of making a profit. If hope prevails over the calculation, the trader runs the risk of overestimating his abilities when analyzing the situation. Hope must be in subordinate relationships with calculation and greed.
