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What is the trading psychology for you?

Lesley (LesleyLesley)
Jul 26 at 12:38
21 Posts
I know that I have to stay calm all the time I trade in order to make the right decisions.

Also, I believe it is very important to have good health in order to withstand stress.

A simple rule for me is 'don't become a gambling Hulk' and stop on time.

Taking losses as part of my job.

ddarko3
Jul 26 at 13:08
59 Posts
Being able to be more disciplined. And knowing the difference between money management and risk management.

CatWalker
Jul 26 at 13:43
9 Posts
Best way is to easy your way in. Start with demo then small live account then larger live account. This way the psychology is kept under control

Tremblay
Jul 26 at 16:34
330 Posts
CatWalker posted:
Best way is to easy your way in. Start with demo then small live account then larger live account. This way the psychology is kept under control

I agree with you.

Marcel Durham (MarcellusLux)
Jul 27 at 09:51
77 Posts
For me, psychology is a
clear mind,
emotional stability
and the ability to use the right opportunities.
Over the years of trading, I have learned not to succumb to emotions during a loss or profit. I know how my system works and I know when to stop and when to continue. It will come with experience.

It's written above correctly that the gradual development of trading from a demo to a minimum deposit, and then further it is the way even to the correct trader's psychology.

Lesley (LesleyLesley)
Jul 27 at 11:53
21 Posts
ddarko3 posted:
Being able to be more disciplined. And knowing the difference between money management and risk management.

Yes exactly
Do you consider yourself disciplined? and do you have any rules to share?

Lesley (LesleyLesley)
Jul 27 at 11:56
21 Posts
CatWalker posted:
Best way is to easy your way in. Start with demo then small live account then larger live account. This way the psychology is kept under control

I think this will only work if the approach is initially correct. It is advisable to be under the supervision of a tutor who can correct bad habits and shortcomings in the psychological approach at the inception stage. It is very difficult to change psychology over time.

But I agree with the opinion about the light start and easy entry into forex trading.

AliaDare
Jul 27 at 12:11
593 Posts
I think of the ability to manage discipline and plans as positive trading psychology. And this is a very important issue.

LukeRachel
Jul 27 at 12:33
286 Posts
Trading Mind Game. So here you have to trade by applying Proper Psychology. If we ever try to do emotional trading, it will be a big loss for trading investment.

croisssan
Jul 27 at 13:13
219 Posts
For me, the issue of psychology in trading is very important. It should be understood that this aspect is very important for a trader, and neglecting this can lead to not very positive results.

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