To know properly about trading psychology, each trader must read the publication 'The Disciplined Traders' by Mark Douglas. In Addition to This you can also browse the novel 'Trading in the Zone' by Mark Douglas
Of course, every trader needs to read these two books. It is very difficult to make a profit without trading in psychology. There have been so many with me that I have traded profitably close to losing. Just because I don't have the right mindset.
Psychology has a high role in every trading decision, this is about how to control emotion because sometimes emotion like as enemy that appears from own selves, reading psychology book maybe help to build up better psychology, but actually will back to each trader personality, if trader cant improves their own selves will hard to make better psychology trading.
Yes, these have been pretty helpful to me too. Books can be quite helpful if you are in the process of learning and if someone wants to develop the right trading psychology, they should really work towards it in different ways.
If you are a new trader do not only focus on gaining knowledge and learning skills in fact also focus on trading psychology, this will help you to remain calm, positive and help to control your emotions. Of course these books will help you a lot so read these books also.
Sarjohn posted: If you are a new trader do not only focus on gaining knowledge and learning skills in fact also focus on trading psychology, this will help you to remain calm, positive and help to control your emotions. Of course these books will help you a lot so read these books also.
Agreed! Books are a great source of gaining forex trading knowledge. The Disciplined Trader by Mark Douglas is one such book which trains you on good psychological control.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores.
El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo.
Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda.
Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación.
Los resultados pasados no son indicativos de los resultados futuros.