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Basic Psychology in Forex Trading

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Fxortrader

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Quote from: effchats7 on March 06, 2019, 06:12:20 AM
it's too difficult for beginners like me, because human instincts have limits, hehee ... but I try to maximize them for a better purpose ...
There is nothing difficult, if we want to try and never lust in learning Forex, bro,
#31 - March 06, 2019, 06:14:42 AM

AI_NET

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The psychologist in question is of course who is also an expert in the field of forex trading (trading psychology) and has been able to achieve consistent profit because teachers from any stream, whether purely technical, fundamentalist, psychologist and so on, if not successful in forex are just lying. Here the question is a psychologist who is truly an expert in trading psychology and has been successful in forex too.

If psychologists in general, I don't think we will be successful, either, because in running forex trading it is not only psychology that plays a role but there are so many aspects, so general psychology is as good as anything, it is not necessarily successful in forex. Still need other knowledge that is quite complex in achieving success in forex.

There is psychology, there is management, there is mathematics, there is health, there is discipline, there are statistics and so on, very complex trading discipline is a psychologist, in my opinion, only part of the knowledge that we must master, besides good psychology is formed from personal, not derivative , not gifts, can't be bought and so on, other people can only direct.
#32 - March 10, 2019, 01:39:24 AM

Ariyudin

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psychology is very important, because actually in trading the most decisive success of a trader is from trading psychology itself. surely my friends here also feel that when they have done the OP they feel excited, the profit is slightly closed, floating minus is resistant, mental is not strong and many are finally stressed. indeed this trading psychology is difficult, many masters say 90% of trading success is determined by psychological factors, because these factors will lead to consistency, sincere and realistic science.
#33 - March 12, 2019, 01:56:27 AM

Karpet

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psychology is important in forex trading. many traders fail because they don't master trading psychology
#34 - March 14, 2019, 08:13:47 AM

Fadeel99

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Quote from: Fxortrader on March 06, 2019, 06:14:42 AM
There is nothing difficult, if we want to try and never lust in learning Forex, bro,
maybe if it is said it is easy bro, but the actual application is difficult to apply and but uh the Old process for achieving all that, once with the intention and determination there is nothing that is impossible,
#35 - March 14, 2019, 05:06:01 PM

zanurreload

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Quote from: AI_NET on March 10, 2019, 01:39:24 AM
The psychologist in question is of course who is also an expert in the field of forex trading (trading psychology) and has been able to achieve consistent profit because teachers from any stream, whether purely technical, fundamentalist, psychologist and so on, if not successful in forex are just lying. Here the question is a psychologist who is truly an expert in trading psychology and has been successful in forex too.
The best way to combat problems in trading psychology is to make a trading plan and hold fast and discipline to the trading plan. Use risk management so that trading doesn't burden your mind. Remember that controlling emotions will lead you to get real profits. If you can control your emotions and carry out risk management properly, it is not impossible that you can become a successful trader.
#36 - March 15, 2019, 01:01:26 AM
« Last Edit: December 20, 2019, 01:08:47 PM by Mikser »

MonsterFX

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Quote from: zanurreload on March 15, 2019, 01:01:26 AM
The best way to combat problems in trading psychology is to make a trading plan and hold fast and discipline to the trading plan. Use risk management so that trading doesn't burden your mind. Remember that controlling emotions will lead you to get real profits. If you can control your emotions and carry out risk management properly, it is not impossible that you can become a successful trader.
It must be done by a trader if he wants to succeed in this forex trading business, making a trading plan and implementing the plan that has been made will make the trade that we do not be controlled by emotions, and that is very good for the psychology of our trade.
#37 - March 20, 2019, 12:10:03 PM

ayun

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Quote from: zanurreload on March 15, 2019, 01:01:26 AM
The best way to combat problems in trading psychology is to make a trading plan and hold fast and discipline to the trading plan. Use risk management so that trading doesn't burden your mind. Remember that controlling emotions will lead you to get real profits. If you can control your emotions and carry out risk management properly, it is not impossible that you can become a successful trader.
Of course like that, to be able to control emotions, so trading is not there if it is prepared properly.
If a trader is unable to exercise emotional control, it will certainly fail in forex trading.
#38 - March 20, 2019, 02:39:29 PM

paidto

Quote from: ayun on March 20, 2019, 02:39:29 PM
Of course like that, to be able to control emotions, so trading is not there if it is prepared properly.
If a trader is unable to exercise emotional control, it will certainly fail in forex trading.
if there is a trader who cannot control his emotions, chances are that the trader does not have a plan for his trading
#39 - March 22, 2019, 12:51:55 AM

zanurreload

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Quote from: MonsterFX on March 20, 2019, 12:10:03 PM
It must be done by a trader if he wants to succeed in this forex trading business, making a trading plan and implementing the plan that has been made will make the trade that we do not be controlled by emotions, and that is very good for the psychology of our trade.
Many people misinterpret and think they will be able to reap huge profits overnight. Well ... okay, we can indeed make big profits with Forex trading. However, large profits will always be accompanied by equally great risks.
#40 - March 22, 2019, 01:21:24 AM

MonsterFX

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Quote from: zanurreload on March 22, 2019, 01:21:24 AM
Many people misinterpret and think they will be able to reap huge profits overnight. Well ... okay, we can indeed make big profits with Forex trading. However, large profits will always be accompanied by equally great risks.
Yes, indeed many traders think like that, get big profits in a fast time, but I guarantee that the way to trade with them will not last long, because trading like that is very high risk.
#41 - March 25, 2019, 03:29:59 PM

smk9

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Quote from: zanurreload on February 05, 2019, 05:09:53 AM
The following is the Basics of Psychology in Forex Trading :

Your writing is very good and indeed if you want to succeed in forex trading, you have to master the basic foundation of forex trading
#42 - March 30, 2019, 10:00:25 AM
« Last Edit: December 20, 2019, 01:09:02 PM by Mikser »

Rahmigb

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Quote from: zanurreload on February 05, 2019, 05:09:53 AM
The following is the Basics of Psychology in Forex Trading :
Good opinion .. I agree with you
#43 - April 01, 2019, 12:38:58 AM
« Last Edit: December 20, 2019, 01:09:16 PM by Mikser »

Nicholas

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Quote from: zanurreload on February 05, 2019, 05:09:53 AM
The following is the Basics of Psychology in Forex Trading :

the basis of a psychologist that must be understood and applied by a trader, will make good in terms of trading
#44 - May 23, 2019, 05:14:16 AM
« Last Edit: December 20, 2019, 01:09:27 PM by Mikser »

Mitchell

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Quote from: Nicholas on May 23, 2019, 05:14:16 AM
the basis of a psychologist that must be understood and applied by a trader, will make good in terms of trading
it is true that the three besic psychologists must understand it
#45 - May 23, 2019, 05:32:00 AM
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