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Psychology of Forex Trading

Monnex (Monnex)
Feb 10 2017 at 06:05
56 posts
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

Monnex (Monnex)
Feb 10 2017 at 06:22
56 posts
Forex Psychology: Don't jump into the market without trading plan

mlawson71
Feb 10 2017 at 12:55
1487 posts
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 (mr_cenk)
Feb 10 2017 at 15:09
44 posts
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! 😁

FxMasterGuru (FxMasterGuru)
Feb 10 2017 at 18:56
1607 posts
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 (Monnex)
Feb 10 2017 at 19:48
56 posts
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

mlawson71
Feb 11 2017 at 12:19
1487 posts
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
Feb 12 2017 at 07:59
6 posts
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 (Monnex)
Feb 13 2017 at 09:07
56 posts
Forex Psychology: Don't feel excited from unrealized winning trade

MC85
Feb 13 2017 at 11:10
48 posts
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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