Trading psychology

[Andrew McCalam]

Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.

 

[Cooper Truebridge]

If trading psychology is not used properly, it is never possible to gain trading experience. So every trader should gain trading experience through demo.

 

[Kevin Vogt]

Psychology plays a big part in forex trading. In trading 90% is psychological and rest are technical and fundamental. So if you want to tune yourself up as a forex trader, I would suggest you to learn trading psychological. What is called psychological analysis. It involved being discipline in trading. It also teach how to control your emotions while trading.

 

[Tom Latham]

testing in demo account is more appropriate and perfect decision but successful trader is an another part. its a long term process. be focused on practice.

 

[Andrew McCalam]

Minimizing the risk is a great skill in Fx trading because every faction of this trading place always contains huge risk. But as a beginner trader due to lack of real trading analysis and minimize the risk is too much impossible, no one can deny it. So, a large investment is not appropriate for the beginners until gathering powerful trading knowledge.

 

[Svetlana Loboda]

leverage is an important financial tool which an investor should consider when choosing a broker. i always trade with low leverage to avoid unfortunate risk and losses.

 

[Eduardo Lucchese]

It is very important to be confident in trading. It is not possible to expect anything good from trading without confidence. But overconfident is detrimental to trading. It is possible to do a very good analysis if you are confident.

 

[Andrew McCalam]

Loss is an inviable part of trading that cannot avoid after passing a long time , but when we making loss , we lost control and trade over and over as a result we become loser ultimately and blame this market place.

 

[lioneld]

you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

 

[Gito Dinev]

Trading psychology plays a vital role in trading. After all, it is a mind game.

 

[Mark Dahl]

The mind has the greatest value in trading. So, strength it.

 

[Oscar Shumack]

Psychology amendment may take you some time but you have to build your psychology at any cost. Your psychology should be free from emotion, greed and quick wrong decision making.

 

[Eduardo Lucchese]

Pending order, take profit and stop loss are all significant for us. We can secure our trades with a stop loss. So, stop loss is a strategy always recommended by experts. Don’t take much trading risk because it will grab your trading capital.

 

[SaadBinToha]

Psychology plays an important role for traders because strong psychology inspires a trader on the other hand a weak psychology drives a trader out of the market.

 

[Ethan]

Forex is not for greedy and emotional people because Forex trading is a sensitive business where any mistake can lead to a big chaos.

 

[Anele]

Simple thinking and complex thinking are all happen due the differences of traders’ psychology. A weak psychology never leads a trader to better return but a strong psychology has high sustaining power.

 

[Aaron_0]

Strong and trading-friendly psychology is needed to develop to sustain in Forex for a longer period of time. This mindset should be free from emotion and impatience.

 

[Ethan]

Every broker has its own strengths and weaknesses. Therefore, once a trader has chosen the right broker, the next step is to make the most of all the provided facilities.

 

[Ethan]

Many expert traders are available on forums from whom we can derive lessons. Even if we have doubt about anything, we should raise questions on Forums.

 

[Aaron_0]

Trading psychology refers to the emotional and mental factors influencing a trader's decision-making. Managing emotions like fear and greed is crucial for maintaining discipline and making rational trading decisions.