Trading Psychology
Miembro desde Jan 30, 2017
posts 22
Apr 04, 2017 at 13:04
Psychological factor is really important from the trading point of view. As emotions when comes into play significantly affect the trading. After making successful gains in demo trading people suffer from losses in live account as while trading with real money there emotions comes into play. Therefore it is rightly said above that there is no room for emotions while trading.
Miembro desde Dec 11, 2015
posts 1462
Apr 05, 2017 at 12:18
jackwilliams posted:
Psychological factor is really important from the trading point of view. As emotions when comes into play significantly affect the trading. After making successful gains in demo trading people suffer from losses in live account as while trading with real money there emotions comes into play. Therefore it is rightly said above that there is no room for emotions while trading.
Unfortunately that is easier said that done. Human beings, for the most part, are very emotional, irrational creatures.
Miembro desde Sep 12, 2015
posts 1933
Apr 05, 2017 at 15:41
(editado Apr 05, 2017 at 15:42)
If you can build good habits from the start and not get to greedy, keep in mind what is a realistic monthly % profit, do you honestly think professional traders are not irrational? They are more irrational than you are, Its good habits they practice day in day out.
"They mistook leverage with genius".
Miembro desde Dec 11, 2015
posts 1462
May 06, 2017 at 12:22
The problem is that is a pretty big "if" for a lot of people. A lot of traders are driven by both their greed and their fear.
Miembro desde Dec 11, 2020
posts 4
Jun 10, 2021 at 13:19
When I was a beginner, I never gave importance to the emotional balance in trading. This kind of negligence resulted in over trading as the days moved on. After a series of losses in my trade, I understood that being balanced in emotion is very important in trading. Keeping an emotional balance will make us think based upon logical facts rather than emotional feelings. Logic and facts are very important to make a successful trading path. It is best advised for the traders to keep themselves relaxed in both profits and losses. This kind of attitude will help to keep a stable stand in trading.
Miembro desde Apr 26, 2021
posts 7
Jun 11, 2021 at 11:17
Emotion is very important. Using a demo can help but once start to trade with real money is when the emotions come to the front. It takes a lot of practice to keep them controlled
Miembro desde Jun 16, 2021
posts 15
Jun 19, 2021 at 07:39
As humans, it is the most difficult task for us to keep our emotions in control. But practice and experience can help a lot.
Make it a habit to practice the strategies on the demo or micro accounts so that you can prepare yourself for the outcomes beforehand.
Make it a habit to practice the strategies on the demo or micro accounts so that you can prepare yourself for the outcomes beforehand.
Miembro desde Jul 23, 2020
posts 696
Jul 05, 2021 at 13:16
Control your emotion no matter what happens in the market.
Miembro desde Jun 07, 2021
posts 70
Jul 22, 2021 at 07:13
Being emotional or overthinking while trading can lead to disastrous results. Regardless of the conditions of market and trade, emotions should have no place in the same.
Jul 22, 2021 at 11:29
Thanks for sharing. I agree that the way you let your mind think needs to be controlled as otherwise it will affect your actions negatively. This is something that many traders fail to do and the main reason which leads to losses. You have to be as rational and careful as you can when trading.
Miembro desde Jun 15, 2021
posts 12
Jul 27, 2021 at 11:21
Your strategy should drive your investment, not your past experiences or emotions
Miembro desde Jun 15, 2021
posts 12
Jul 28, 2021 at 07:48
Trading is all about being practical and calculative. Your emotions, thoughts, and fear may act as a roadblock to your success. Make sure you keep hold on to your emotions and bring your strategies in action
Jul 31, 2021 at 14:42
I tend to suppose that trading psychology is one of the main things in trading activity at all, because literally everything depends on psychology. Basically, it's the same in real life. In real life if you wake up with a goo mood and positive thoughts then your day will be great. As soon as you sit down in fron of your computer/laptop/smartphone and think of trading activity you have to set up yourself positively. If you have a bad day then think of it like about experience and setup yourself on the next day like "today is bad, however i'm sure that tomorrow will be the great day". In my opinion, it works like that.
Miembro desde Jul 23, 2020
posts 816
Jul 31, 2021 at 17:42
Try to control your emotion in trading. Especially new traders fail to do that.
Miembro desde Jun 26, 2020
posts 323
Aug 04, 2021 at 07:09
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Miembro desde Mar 17, 2021
posts 494
Dec 18, 2021 at 20:15
Tradelist45 posted:
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Most of the traders lose their money because of their low knowledge and skills.
Dec 20, 2021 at 01:14
Davidfx89 posted:
we have to be strong psychologically if we want to bring good amount of profit , otherwise no way to survive here successfully . meditation is really supportive for strong mental health.
Exactly, meditation helps to control the trader's mindset and emotions. Research has shown that meditation tend to have a different mindset, and psychology is much stronger.
Miembro desde Jun 26, 2020
posts 323
Dec 20, 2021 at 09:14
SteveHanks posted:Tradelist45 posted:
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Most of the traders lose their money because of their low knowledge and skills.
knowledge is important , i agree but any kind of knowledge can be useless if there is no regular level of practice. so be careful guys
