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Things that damage Psychology in Forex Education_699fadb3a6d85

Things that damage Psychology

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Vernalta

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The use of psychology is very important so that we don't get emotional easily and don't get greedy easily when defeat comes to us. Our task here is to protect our capital as much as possible so that we can continue to exist so that we can continue to trade appropriately.
#601 - November 20, 2023, 04:21:26 AM

Dyandra

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In my opinion, this can all be understood. The most important thing here is psychological control when trading forex, which is important, especially to achieve your goals. If you lose, you have to stop, if you make a profit, then you have to stop there and continue the next day.
#602 - November 21, 2023, 04:10:37 AM

Vernalta

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What is called psychology will definitely make us more comfortable in opening positions as long as we use psychology in a stable way, whether our profit or loss is a problem. When you make a profit, you will be happy, when you lose, you will also be fine.
#603 - November 22, 2023, 03:49:24 AM

Dyandra

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It's really very important that psychology, without psychology, maybe you will always open a position when you have reached the maximum profit limit or open a position when you fail because it is very important to limit all of that with good psychology.
#604 - November 23, 2023, 03:47:35 AM

Vernalta

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The correct use of an open position is when you have lost, you have to stop. When you get a profit that has reached your target, you also have to stop because the risk must be smaller than your profit. This is all a psychological form of emotional control and you have to learn this.  So you don't go too far
#605 - November 24, 2023, 04:12:53 AM

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#606 - Today at 05:58:22 AM

Dyandra

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The importance of using psychology is that it can make us feel that we have to do that, we have to be able to create a stable psychology when analyzing or experiencing losses, we have to be able to stop, we have to be able to understand.
#606 - November 25, 2023, 04:02:39 AM

Vernalta

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Psychology in this case is related to the use of stop loss. If you have been hit by a stop loss, then you have to stop trading. Because it is in accordance with your plan, get used to using small risks with large targets.  Because it will make you hit a small stop loss, but if you make a big profit
#607 - November 26, 2023, 06:48:56 AM

Ikhtiar

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The thought that you have to get rid of to master psychology is to change your mindset that forex will make you an instant billionaire. When I first got to know Forex, my friend immediately told me that Forex was a lucrative business that could make someone suddenly rich. But it doesn't explain the big risks that a trader must bear.
#608 - November 26, 2023, 11:08:40 AM

Dyandra

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Using psychology to open a position will make it easier for you to gain high discipline when you have suffered a major defeat or perhaps according to your risk, you should stop so that your money will be stable.
#609 - November 27, 2023, 06:45:25 AM

Vernalta

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We must be able to manage our psychology when trading forex when we open a position, whether we make a profit or a loss. Especially when we lose, after we have determined the risk, we must be disciplined in carrying it out. We must stop when it is time to stop, as well as when we make a profit.
#610 - November 28, 2023, 02:33:28 AM

Dyandra

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If you set good psychology when you open a position, it looks like when you have made a profit or hit a stop loss, you will stop because it is in accordance with risk management. You can use averaging. You can use Martingale. It's up to you. The important thing is that you have to be able to pay attention to management and psychology
#611 - November 29, 2023, 03:06:45 AM

Vernalta

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Using psychology and not trading is really important when you open a position. You have to be able to limit your risk. When you hit a stop loss or when you hit a take profit, everything has to stop, especially when you hit a stop loss. You can use management. You can use whatever knowledge is important.  you have to use the right psychology
#612 - November 30, 2023, 01:32:11 AM

Dyandra

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It is very important to use psychology when we make an entry point, when we have reached our goal we have to stop and when we have experienced a loss which in my opinion has reached 10 or 20% of your capital you have to stop there you have to learn again
#613 - December 01, 2023, 02:08:08 AM

Vernalta

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The psychological benefit that we use here is to maintain our emotional stability when we open a position, be it a profit or a loss, when we have experienced a loss of more than 10 or 15% of our capital, we must stop when we make a profit according to the target, we must stop.  carry out efforts to evaluate the execution of efforts to take corrective action when it is needed
#614 - December 02, 2023, 01:53:15 AM

Dyandra

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Managing psychology When we want to open a position is one of the things that we must use and it is important for us to use psychology, it will make us feel patient when we fail, when we are lucky, discipline will make us feel like we are not doing the wrong thing, so  Therefore, it is very important to maintain your psychology with the rules you make
#615 - December 03, 2023, 02:08:43 AM
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