What is the trading psychology for you?
Member Since Aug 08, 2022
20 posts
Aug 30, 2022 at 10:48
Learning lessons would be easy only if you are ready to fill your mind with knowledge other than the thoughts of making money. Don’t set unrealistic trading expectations until you know what forex trading is and the risks involved with it.
Sep 01, 2022 at 01:20
Psychology trading has a high role to shaped traders to be consistent and disciplined, how to build up good psychology trading need more practice in the real trading account, step by step trader can start using micro account before using a standard account.
Member Since Aug 08, 2022
19 posts
Sep 06, 2022 at 07:19
False hopes can never make you earn money; only hard work, discipline, and consistency can. Those who are ready to face the reality of trading will become profitable at some point in time, but those who are not ready to accept the reality will find it tough to trade forex.
Member Since Aug 17, 2022
80 posts
Sep 09, 2022 at 07:22
Trading psychology really plays a major role in trading because if one does not have control over emotions then the trades will move with a weak mindset because of interference of your mood and the trader will not be able to get most out of his trades.
Member Since Aug 19, 2021
246 posts
Oct 04, 2022 at 12:54
Oh trading psychology is like any psychology. lol.
As far as I'm concerned, there are no differences. There is a trigger = trading. And this trigger has its own specific reaction. Profit trading = trigger to relax, or rejoice, or even work harder. Loss trading = trigger to get angry, blame yourself or blame the world, find flaws and fix them.
So it is the same in trading as it is in life. How you react to any event in life is the same reaction in trading.
As far as I'm concerned, there are no differences. There is a trigger = trading. And this trigger has its own specific reaction. Profit trading = trigger to relax, or rejoice, or even work harder. Loss trading = trigger to get angry, blame yourself or blame the world, find flaws and fix them.
So it is the same in trading as it is in life. How you react to any event in life is the same reaction in trading.
Member Since Jul 23, 2020
869 posts
Nov 09, 2022 at 15:32
Traders of different types have differences over indicators.RSI, moving average and Bollinger bands seem to be good indicators.
Member Since Feb 16, 2022
119 posts
Dec 08, 2022 at 16:40
Those who are trading experts have market chart knowledge and they can predict the market’s movement by looking at the chart.
Dec 22, 2022 at 12:52
FXOday posted:I agree. Trading psychology is as essential as market knowledge, experience, and skill in determining trading success. When we trade, our greatest enemy is our emotions. Only by learning to control your emotions will you be able to achieve success.
Trading psychology is like as lubricant in the machine, this is required to make healthy of machine can work properly. Good psychology will make trading more health
Member Since Nov 29, 2022
40 posts
Dec 23, 2022 at 10:06
The purpose of trading psychology is to help traders develop a healthy and effective mindset for trading. This includes managing emotions, such as fear and greed, and maintaining discipline and focus. Having a strong trading psychology can help traders make more informed and rational decisions, improve their risk management strategies, and ultimately improve their overall performance.
Jan 04, 2023 at 05:53
Trading psychology is all about what you think of forex trading that can have an impact on how you trade forex. The first thing to know is that your trading career will be different from other traders and you better not take a chance until you are ready.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
