Trading psychology will help you focus on what’s required to be done at the right time. By focusing on trading with the right approach, you are saved from the tyranny of other causes, free from the influence of emotions and other factors that might control your trading in a negative way.
Trading psychology for me is to give your entire focus on the right thing while trading. Your mind can process things if you use it in a wise way.
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
FXOday posted: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.
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
binarysumo22
会员从Nov 29, 2022开始
40帖子
Dec 23 2022 at 10:06
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.
Without knowing how to control emotions, one cannot reach success, and that is what the knowledge of trading psychology teaches anyone who wishes to trade.
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