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trading psychology
Mitglied seit May 08, 2023
97 Posts
Jul 03, 2023 at 04:48
What is the best mindset for trading in your idea?
forex_trader_3332733
Mitglied seit Jun 26, 2023
40 Posts
Jul 03, 2023 at 08:26
Remove Emotion while trading, and you have your profiting system.
Mitglied seit Aug 19, 2021
203 Posts
Jul 03, 2023 at 10:14
Be philosophical about everything. If you have lost, then it should be for you, first of all, the desire to improve your strategy. And not just curse everything in the world and feel sorry for yourself. Lol.
Mitglied seit May 08, 2023
97 Posts
Jul 04, 2023 at 02:29
TRADESPLANET posted:
Remove Emotion while trading, and you have your profiting system.
agree to that, but it is not an easy task to accomplish. You got any suggestion?
Mitglied seit May 08, 2023
97 Posts
Jul 04, 2023 at 02:32
WhiteWitcher posted:
Be philosophical about everything. If you have lost, then it should be for you, first of all, the desire to improve your strategy. And not just curse everything in the world and feel sorry for yourself. Lol.
I didn't get the first part, how is that going to help? by philosophical you mean without emotions?
forex_trader_3332733
Mitglied seit Jun 26, 2023
40 Posts
Jul 04, 2023 at 05:06
@Ethanishere It just what you have to practice and perfect it. With that, you do be making good judgements while trading.
Mitglied seit Jun 28, 2023
15 Posts
Jul 04, 2023 at 13:08
Stay flexible, expect the unexpected! In trading, be ready to adapt and adjust when things change suddenly. Embrace uncertainty and stay prepared for surprises.
Mitglied seit May 08, 2023
97 Posts
Jul 10, 2023 at 02:39
ChaKie posted:
Everyone has their own approach. The only barrier that needs to be overcome is the loss of funds. Learn to take it for granted.
How one can take that for granted? Do you mean to take a lesson out of it or something like that? In general, I've heard before that you should not be obsessed with P/L, but taking it for granted? nope, need an explanation.
Jul 10, 2023 at 11:02
Ethanishere posted:ChaKie posted:
Everyone has their own approach. The only barrier that needs to be overcome is the loss of funds. Learn to take it for granted.
How one can take that for granted? Do you mean to take a lesson out of it or something like that? In general, I've heard before that you should not be obsessed with P/L, but taking it for granted? nope, need an explanation.
Even if you take a lesson, you will not only make a profit. This is impossible. And I didn't say you shouldn't take lessons. Vice versa. Try to study this situation to increase the chance that it will occur less frequently in future.
But the loss of real money is an extremely difficult psychological situation.
I said that such a barrier must be overcome.
As in any investment environment. You risk the money you have. And many, out of inexperience, risk the last funds they have, which leads to even more serious consequences in case of failure.
Therefore, I say that losses are an integral part of profits in forex. And this must be accepted.
Mitglied seit May 22, 2017
85 Posts
Jul 10, 2023 at 16:18
You just need to go into the zone. When I trade a just listen to music that keeps me relax but doesn't distract me
F*** it we ball!
Mitglied seit May 08, 2023
97 Posts
Jul 17, 2023 at 02:34
master800ve posted:
You just need to go into the zone. When I trade a just listen to music that keeps me relax but doesn't distract me
Ok, but with what kind of mindset you do that? What's your approach?
Mitglied seit Jul 19, 2023
9 Posts
Jul 21, 2023 at 23:37
When it comes to tradin' in your idea, it's all about havin' a positive and open mindset. Embrace the adventure, be willing to take risks, and stay flexible.
Don't be afraid to learn from your experiences, both the ups and the downs, 'cause they'll shape your journey and help you grow. Stay curious, keep hustlin', and remember, every trade is a chance to learn and improve.
Don't be afraid to learn from your experiences, both the ups and the downs, 'cause they'll shape your journey and help you grow. Stay curious, keep hustlin', and remember, every trade is a chance to learn and improve.
Mitglied seit May 08, 2023
97 Posts
Jul 22, 2023 at 02:59
wolfinception posted:
When it comes to tradin' in your idea, it's all about havin' a positive and open mindset. Embrace the adventure, be willing to take risks, and stay flexible.
Don't be afraid to learn from your experiences, both the ups and the downs, 'cause they'll shape your journey and help you grow. Stay curious, keep hustlin', and remember, every trade is a chance to learn and improve.
Well, I know what you're talking about and I enjoy that mindset but sometimes is hard to lose your hard-earned money.
Mitglied seit May 08, 2023
97 Posts
Aug 01, 2023 at 01:23
DenverRRR posted:fxhandbag posted:
Too relaxed and you lose focus. I think a little bit of stress is optimal
Stress is bad for health. Better stress tolerance. It trains your psyche. And then you don't suffer.
I assume you mean we should learn how to tolerate stress, am I right? If yes, what's your suggestion? how to tolerate stress?
