Forex Zone - Forex Forum

Good Psychology?

Discussion started on General Forex Discussion

  • Full Member
  • Posts: 152
  • Points: 609
  • Likes Received: 57
  • Reputation: +3/-1
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?

Linkback: https://www.forex.zone/general-forex-discussion/1/good-psychology/1014/
#1 - February 09, 2019, 03:02:56 AM

  • Full Member
  • Posts: 121
  • Points: 0
  • Likes Received: 14
  • Reputation: +1/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
Good afternoon, Sir. I think psychology is able to make us get consistent profits even though it's not optimal, sir. Because the maximum profit is very difficult to measure, sir. Everyone must be different in calculating the maximum profit. I would be more agree that psychological factors can make us get consistent benefits. And the psychological role in trading, in my opinion, is the main factor that can make us successful in the world of trading. Thank you sir



#2 - February 09, 2019, 04:11:02 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
The role of psychology in trading is very important because psychology is the most difficult thing to control compared to forming a trading system or applying MM.
#3 - February 09, 2019, 04:29:22 AM

  • Hero Member
  • Posts: 2215
  • Points: 7975
  • Likes Received: 140
  • Reputation: +6/-1
The role of psychology in trading is very important because psychology is the most difficult thing to control compared to forming a trading system or applying MM.
There are three key to become successful trader in this field, one of them is about psychology trading, control emotion is important, because sometime as trader they can't control emotion after one loss and then want to revenge with trading blindly, these way is not wise decision because usually will facing with failure again
#4 - February 09, 2019, 06:01:36 AM

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
psychological factors themselves are very important for a trader. because it is really psychological that is our main enemy in the world of forex. if we can control our psychological factors, then we will become professional traders
#5 - February 09, 2019, 09:02:52 AM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0

In my opinion if we can master our psychology then we will automatically always try to minimize our losses and that will definitely make our profits maximal. therefore the key to success in trading is when a trader can master his psychology. But controlling psychology is indeed very difficult
#6 - February 09, 2019, 09:44:28 AM

  • Sr. Member
  • Posts: 311
  • Points: 66
  • Likes Received: 108
  • Reputation: +3/-0
thanks bro very helpful my problem about getting to know forex:D:D:D
You can learn together in this forum, what are the constraints associated with forex.
#7 - February 09, 2019, 11:20:23 AM

  • Full Member
  • Posts: 155
  • Points: 212
  • Likes Received: 25
  • Reputation: +1/-0
very important because many people are bankrupt because they cannot control their emotions. they feel afraid when the funds are minus and greedy when they have made a profit
#8 - February 09, 2019, 11:53:19 AM

  • Full Member
  • Posts: 172
  • Points: 0
  • Likes Received: 14
  • Reputation: +0/-0
ofncourse , but i think it important because if you are in a bad mood you will do over lot or your analyze not maximum . so it can make your chance lose bigger
#9 - February 09, 2019, 11:56:54 AM

  • Full Member
  • Posts: 104
  • Points: 0
  • Likes Received: 14
  • Reputation: +0/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
The role of psychology in Forex Trading is very important, because the psychology of the trader will be tested to determine a consistent profit and be accompanied by good money management.
#10 - February 09, 2019, 12:23:42 PM

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
trading psychology needs to be trained and things that really need to be applied in trading activities, because when we get profit there will be greed that causes the overlot tading, when loss may be there is a race wanting revenge because of loss.
#11 - February 09, 2019, 01:02:40 PM

  • Full Member
  • Posts: 126
  • Points: 0
  • Likes Received: 21
  • Reputation: +1/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
For me PSYCHOLOGY is the basic key to trading forex, because if PSYCHOLOGY is interrupted it will backfire on us, especially when fighting with friends or family which is very disturbing in trading forex, if there are problems that arise now to trade, better stop trading for a moment.
#12 - February 09, 2019, 03:37:30 PM

  • Full Member
  • Posts: 113
  • Points: 0
  • Likes Received: 34
  • Reputation: +4/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
This is very important, as well as positive emotions and thoughts. Basically when our psychology is good, we can better control a trade that we will do
#13 - February 09, 2019, 09:20:51 PM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
Good psychological control will produce maximum profit and reduce loss rates?

how do you think about this, how important is the role of psychology in trading?
from my personal experience, this (psychology) is very important, determining once in maximizing profit and minimizing losses,
if we can't control it it will be very dangerous.
but it must be coupled with the analysis first. ;) ;)
#14 - February 09, 2019, 10:51:47 PM

  • Full Member
  • Posts: 123
  • Points: -5
  • Likes Received: 12
  • Reputation: +1/-0
In trading forex the most important thing to do is hone the best psychology. Because bad psychology will always make us lose in trading. The best example of psychology in trading is arranging lots in trading and not being greedy
#15 - February 09, 2019, 11:00:54 PM

Members:

0 Members and 1 Guest are viewing this topic.