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Basic Psychology in Forex Trading in General Forex Discussion_67f83ac065b44

Basic Psychology in Forex Trading

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anggun

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The psychology of forex trading is both basic and advanced that we must practice and always guard because of its relationship with trading success.
#181 - November 16, 2019, 05:43:46 AM

Oqnobe

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Quote from: anggun on November 16, 2019, 05:43:46 AM
we must practice and always guard because of its relationship with trading success.
I want to ask what you mean by practicing psychology.
Like what method do you use to practice it?
#182 - November 16, 2019, 02:02:17 PM

Sanhux

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it is OK and for me it may be a necessity if the basic psychologist must be applied in trade, because it seems to be better and the psychologist gives control over the decision to order.
#183 - November 20, 2019, 03:54:30 PM

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#184 - Today at 06:06:21 AM

jazan

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in trade it is better to have basic psychologists in trading, because psychologists give control over the decision to order.
#184 - November 21, 2019, 02:16:19 PM

Ugay

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Absolutely, the Basic Psychology in Forex Trading must be complementary. because in trade it must be accompanied by analysis and a healthy and good psychologist.
#185 - December 25, 2019, 07:21:32 AM

Tri Selasih

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Psychology is very important, so every trader who wants to succeed must build psychology from the bottom up and always learn psychological control in every condition that we go through.
#186 - December 25, 2019, 08:20:02 AM

instaforex

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Unstable psychology has many factors. There are due to internal trading factors and there is also the influence of external trading factors.
Internal factors are usually due to lack of confidence in the technical analysis they have, but it could also be because the trading mindset that is still focused on achieving targets that must always be met, could also be due to lack of emotional control due to lack of readiness to accept losses.
For external factors outside of trading it can also be caused by many problems at work or household problems and social life problems. it also quite influences the condition of our trading psychology.
Therefore, in trading we must be in the relaxed conditions as possible. If there are many problems and the mind is not calm we must stop trading activities first because the results will definitely not be good.
#187 - December 26, 2019, 12:01:46 PM

greenbeach

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Basic psychology in forex is very important and necessary even though it is not easy to control or practice trading psychology especially if you are still a beginner.
#188 - December 26, 2019, 09:38:16 PM

havis

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in forex, psychology is like a foundation as well as a reinforcement of the building itself because of the importance of psychology so often traders fail because psychology is out of control.
#189 - December 26, 2019, 09:58:49 PM

Rudi Grid

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exactly as you described above, but I think a trader's basic psychology is from patience & by practicing psychology in a small leverage it's a psychological basis in my opinion,
#190 - December 28, 2019, 01:28:31 PM

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#191 - Today at 06:06:21 AM

Gysmas

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Trading forex, you should indeed master the basic psychology of forex must be mastered by traders if you want to trade smoothly.
#191 - December 30, 2019, 12:56:35 AM

Billy Atkinson

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basic psychology including the foundation in forex trading, if the foundation is strong then trading will run smoothly and experience rapid progress, on the other hand traders who do not base ytrading with basic psychology will be mentally weak.
#192 - December 30, 2019, 06:26:57 PM

Ugay

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Indeed the Basic Psychology in Forex Trading must be complementary and important. 
because in trading it must be accompanied by psychology.
#193 - December 31, 2019, 01:53:04 AM

rabitb41

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psychology is very necessary even in my opinion psychology has to be trained since we practice trading on a demo account even though the psychological pressure on a demo account still doesn't feel like it does on a real account but basic psychology still has to start.
#194 - December 31, 2019, 02:50:22 AM

Acewyr

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It is impossible for us to ignore psychology because it is very basic and we must train our trading psychology to the limits of proficiency or what is required.
#195 - December 31, 2019, 01:30:41 PM
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