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Psychology of Forex Trading
Feb 10, 2017 at 06:05
會員從Nov 15, 2015開始
56帖子
NEEnah posted:Monnex posted:
Forex Psychology: Support & Resistant levels are important for entry and stop your positions
That's true but how does this relate to psychology??
beginner traders ignoring them and open trades without even thinking
what i mean that traders must learn how important to educate themselves
會員從May 04, 2012開始
1608帖子
Feb 11, 2017 at 12:19
會員從Dec 11, 2015開始
1487帖子
Monnex posted:mlawson71 posted:Monnex posted:
Forex Psychology: Don't jump into the market without trading plan
That’s not just psychology, it’s basic common sense.
Yeah it is, but this common sense not found in beginner traders
Hahaha, thank you, that genuinely cracked me up just now and I needed it.
Feb 12, 2017 at 07:59
會員從Feb 08, 2017開始
6帖子
Trading psychology is very important thing for a forex trader who want to be a market leader. He or she have to understood the trading psychology whether it is long term trade or short term trade. When you want to become a master trader you have to understand the market psychology in a discipline way. Because when a trader trade with their emotion he or she can lose his account.
Feb 13, 2017 at 12:03
會員從Dec 11, 2015開始
1487帖子
MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Personally, I’d say that both is a good idea. Getting excited for whatever reason – both positive and negative – can cloud your judgement.
Feb 21, 2017 at 07:19
會員從Aug 06, 2015開始
17帖子
Crowe posted:
Trading psychology is very important thing for a forex trader who want to be a market leader.
It is difficult if not impossible for a single trader to become market leader I guess. The leading part is reserved for the big institutions but psychology is important to lead one's way to success.
@mlawson71 I agree with you, you say it very well!
Feb 21, 2017 at 12:28
會員從Dec 11, 2015開始
1487帖子
AlbertoCo posted:Crowe posted:
Trading psychology is very important thing for a forex trader who want to be a market leader.
It is difficult if not impossible for a single trader to become market leader I guess. The leading part is reserved for the big institutions but psychology is important to lead one's way to success.
@mlawson71 I agree with you, you say it very well!
It also requires the kind of account size very few people in the world have access to.
forex_trader_350130
會員從Aug 07, 2016開始
10帖子
Feb 21, 2017 at 15:36
會員從Aug 07, 2016開始
10帖子
Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
I would like to add: because you can fall from the sky and hit very hard against the ground ...
We can not make profits that we have not received, in trade things are not taken for granted.
forex_trader_350130
會員從Aug 07, 2016開始
10帖子
Feb 21, 2017 at 15:37
會員從Aug 07, 2016開始
10帖子
AlbertoCo posted:Crowe posted:
Trading psychology is very important thing for a forex trader who want to be a market leader.
It is difficult if not impossible for a single trader to become market leader I guess. The leading part is reserved for the big institutions but psychology is important to lead one's way to success.
@mlawson71 I agree with you, you say it very well!
I agree with you, I think that thinking that a trader will become one of the biggest in the market is a fairy tale.
However, if you can be a successful trader with good profits and an admirable business reputation. Although not yet figured as a Forex tycoon.
Feb 21, 2017 at 20:12
會員從Nov 15, 2015開始
56帖子
gels4 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
I would like to add: because you can fall from the sky and hit very hard against the ground ...
We can not make profits that we have not received, in trade things are not taken for granted.
Yeah exactly
forex_trader_372845
會員從Oct 31, 2016開始
36帖子
Feb 23, 2017 at 09:26
會員從Oct 31, 2016開始
36帖子
gels4 posted:AlbertoCo posted:Crowe posted:
Trading psychology is very important thing for a forex trader who want to be a market leader.
It is difficult if not impossible for a single trader to become market leader I guess. The leading part is reserved for the big institutions but psychology is important to lead one's way to success.
@mlawson71 I agree with you, you say it very well!
I agree with you, I think that thinking that a trader will become one of the biggest in the market is a fairy tale.
However, if you can be a successful trader with good profits and an admirable business reputation. Although not yet figured as a Forex tycoon.
Fully agree, all points are important to be a successful entrepreneur is like having a well-defined purpose, although it is the main secret of each and every successful entrepreneur. Your commitment is to have clear goals and discipline and patience will be achieved.Fully agree, all points are important to be a successful entrepreneur is like having a well-defined purpose, although it is the main secret of each and every successful entrepreneur. Your commitment is to have clear goals and discipline and patience will be achieved.😄
forex_trader_360308
會員從Sep 14, 2016開始
10帖子
Feb 23, 2017 at 09:28
會員從Sep 14, 2016開始
10帖子
MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
forex_trader_372845
會員從Oct 31, 2016開始
36帖子
Feb 26, 2017 at 06:52
會員從Oct 31, 2016開始
36帖子
I think that when a trader suffers significant losses, he should consider taking a break from trading before fear and greed come to dominate his trading strategy and drive his decisions. It is important to understand that not all transactions will produce profits. Therefore, the trader must be psychologically able to understand that at some point he will have loss which ones he must manage properly.
forex_trader_381988
會員從Dec 06, 2016開始
37帖子
Feb 26, 2017 at 06:56
會員從Dec 06, 2016開始
37帖子
edinson posted:MC85 posted:Monnex posted:
Forex Psychology: Don't feel excited from unrealized winning trade
Or also maybe don't feel sad about the missed opportunity.
Well, you should not be depressed, but the missed opportunity is missed opportunity. He will not be back ..
Exact.😄
Also be aware of being disciplined.
Build your own plan and respect it to the end. To operate is not only to take a position, but also to have a valid reason for which losing position that has already crossed its limit of loss. It is possible that in some cases this will prove to be positive. However, if it does not turn out, the loss can be significant. Respect your plan and be disciplined.
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