Why it’s impossible to be successful if trading from fear. Overcoming past losses. Having expectations could be detrimental to your trading. Fear is one of the biggest obstacles traders and investors face. It’s a debilitating force not many know how to deal with. The emotion of fear needs to be comprehended first; then, we can Read More…
Tag: trading psychology
The Emotional Rollercoaster Side of Trading
How to deal with your emotions during trading. Accepting you have no control over the outcome. A simple exercise before each trading session. Typical Trader Story You click your mouse to place the trade; however, the overwhelming confidence of paper trading has now deserted you. Perhaps you had better double-check the formation. After much internal Read More…
The Importance Of Trading Psychology – Part 2
Why trader psychology is the most underappreciated element in trading. Cultivating self-control and discipline. A Practical exercise to improve discipline. Psychological Trading Mastering the psychology of trading is one of the most challenging yet underappreciated elements of learning how to trade the markets, regardless of whether one trades part-time from home or trades professionally for Read More…
The Importance of Trading Psychology – Part 1
Introduction to trading psychology Why trading is a mental game Trading psychology exercise to try Trading Psychology Everything we do in life becomes easier to do the more times we do it. It is no different in trading; however, this is only so on the technical side. Regarding trading psychology, our past losses, wins, potentials, Read More…