Essentials Of 'Trading Psychology'

[predator]

those who think that psychology is not important for trading don't stay in forex for long. Psychology is important at least because it helps to make well-considered decisions.

 

[NVP]

i recommend all traders watch the big short......then ask yourself ......would you have held your short positions to the end in the face of all the flak those guys took for shorting loans.....

serious mindgames ......

N

 

[NVP]

you must have 100% belief in your system and 100% efficiency in your execution of it .........then with a solid understanding of probability theory you will be able to rationalise the inévitable drawdowns and disappointments that occur in building a solid sample size

that’s where the mind games are .......managing that failed trade scénario cycle

which will,happen

 

[chrischu]

thanks for the post!

 

[steveday76]

It is so important to master this. You must learn to trade without emotion.

 

[Hudson Jack]

Psychological component to trading should not be overlooked. Being aware of how fear or greed can impact trading, exercising discipline or developing trading rules are crucial to trader’s success.

 

[marcela 2020]

Forex psychology is a critical aspect to achieve success in the forex market.
In general, most operators experience losses due to negative emotions that poison their rational decision-making processes and make them make poorly planned business decisions.

 

[Akwin]

Trading psychology refers to the emotional element that traders face when real money is on the line. It can also refer to the broader market sentiment, such as whether it's bullish or bearish.​

 

[TRADEMYSTYLE]

Psychology plays an important role in forex trading. The traders who keep their emotions aside while trading stay in the game for a longer run. But the traders whose emotions control their trades find difficulties in making profits in the forex market.

 

[williamroy]

I think that take control of your trading & embrace the "Next" mentality are essentials of trading psychology.

 

[Henow1969]

The term trading psychology refers to all the thoughts and feelings a typical trader experiences when trading. While some of these feelings are beneficial and should be welcomed, others, such as fear, greed, nervousness, and anxiety, should be avoided.