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.
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.
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.
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.
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.
FXOday posted: 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
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.
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.
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.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.