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Psychological training for success in trading

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The psychological state is a very big factor and affects the steps that we take in the field of trading, for example, self-confidence is a psychological state and patience is also very important and these two cases should not be frustrated because every person who seeks his goal and is exposed to troubles will find appropriate solutions and success at the end of the road I am really happy With your participation because you moved on to a very important topic and gets to all traders


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On 2/10/2020 at 9:11 AM, Rana kobir said:

I do agree on what you said that psychological situation of the trader is very important while tranding. It us the only tranding course you'll ever need  

The extent of the tools available to him in the currency exchange market. And they are two aspects, one that affects each other a lot. Most people want to make good money I think trading is the best and that is the popular income system. Psychological training must be practiced by everyone to avoid getting unplanned.

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We must always improve ourselves psychological training in trading. l advice to read books about it and there are really a lot of books about it. l'm also interested in these books. 

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Your words are true, and I think the way to avoid this is to be disciplined, implement a well-thought-out plan, and work on it without any philosophy


 

Life is great and enjoy it

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On 2/19/2020 at 11:23 AM, Sabba092 said:

Training is necessary for trading but he fact is that it should be too much amazing.

hoping that they would change course quickly and record losses, and he could not logically analyze the trading situation and become a victim of mental illusions. some individuals and they really don't think about brain research they have this shared ability to assess people's instincts.

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Yes, I sometimes do exercises (holding my breath for 20 seconds and looking at the corners of the table) to control my emotions, since often most of my failures are due to them.


 

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27 minutes ago, IamLeader12 said:

Yes, I sometimes do exercises (holding my breath for 20 seconds and looking at the corners of the table) to control my emotions, since often most of my failures are due to them.

That is good and it is good that you believe in such stuffs when i lose i do not even want to lose my my rage and want to feel it and that is kind the one thing that keeps me cool.

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I agree with you, psychological training is very important for trading because a strong psychological and mental training will make trading calm, not easily panic when the market is down. In addition, the market is volatile and a lot of pressure makes trader psychology emphasize the mentality of the trader himself, so if psychology is trained it will be very helpful.

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Many traders are affected psychological when they lose in trading many times because they panic and keep losing continuously. We need to control ourselves because we can lose a lot of money if we will not be able to control our pressure when trading.

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We must control our feelings when working in any field of coding for the sake of it and we must also be patient and be able to withstand losses and start over so that we can make good profits.

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21 hours ago, Amr94 said:

Psychological factors are among the most difficult things to control while trading, whether in cryptocurrencies, stocks or money markets.
Some control these factors through what is called automated trading, especially in the forex markets.
Where we find a bot programmed to open and close deals automatically following a specific strategy.
Others have the ability to control their feelings and nerves and avoid greed, because greed is the biggest factor in loss.

Also, a common feature of humans, which is fear that creates a reaction is to escape from the trade and this can cause the downfall of many traders. So the way we deal with these emotions needs to change, by applying what we've learned from successful traders.

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Brain research is about control your outlook until you have conduct you need. Each human movement start from outlook and we ought to evade the terrible things, for example, lethargic, voracious and outrage. The activities is utilizing demo record and you'll know your cutoff without losing cash. This part need time and comprehension, would you be able to do it?

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Trading is very important and it is my livelihood, for that I have to really master the market in order to be profitable. The volatile market makes psychological training needed, psychology about cryptocurrency is necessary so that we can remain calm in facing the market so that we don't panic easily. This forces me to continue to learn about trading and also study the psychology of cryptocurrency as a trading base.

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I think this depends on what kind of person you are. If you can not control your emotions, I think trading is absolutely not for you because you will just lose your money 

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Psychology plays one of the most important roles between 90% or 75% but it is clear that a very important part of your success as an operator depends on the management of your emotions. Or, at least, this is what most traders say.
May the force be with you

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Rich people believe: "I create my life." Poor people believe: "Life happens to me."

Have you ever met someone who is in landfills, but blames all their misery on external factors? Do you know people who are always whining about how much easier things are for other people, or how they can't succeed because of their circumstances?


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Of course business success requires mental training.  Because if you do not have this mental training, then something big and bad will happen, then you can't handle yourself, so you have to prepare yourself for it. This crypto currency is a very good site. And here you can easily make the money for your investment.  Here you can trade.

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I think it all depends on you, you can change your way of doing your trading to suit your personality, I don't believe these kind of courses help, I admit it controlling your emotions will reflect positively on your trading out comes, make sure you are ready before you do the jump.

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"We grow by lifting others"

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Thats why we need clear trading plan, when to enter and exit a trade (with TP and SL), without emotion.

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I actually try to inspire myself a lot, but yes sometimes i have a very difficult time psychologically. The reason for this is of course that all the accumulation is lost in an instant. I hope nobady loses

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The point made is very important, for me both the technical and the fundamental analysis and the psychological state are very important, if we trade without having an adequate management of our emotions we will surely lose.  That is why I consider that in addition to learning the fundamental concepts of trading, we must learn how our emotions influence the investments we make.

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Psychological training is one of the most important factors for success in trading, where you can control yourself in loss and profit and go according to the plan set for you and not penetrate it. Continue the deal to the end without stopping it

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I went through so many losses in trading and despite this I stayed. Passing through the experience itself, rubbed, you acquire the skill of psychological stability. At first glance, the best exercise is trading; over time, you will begin to be neutral about both losses and profits.

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Чтобы быть успешным с точки зрения трейдинга, действительно нужно психологическое упражнение, чтобы правильно справиться с тем, что приходит на ваш путь. Как трейдер,я привык ставить цели и планировать,таким образом мне до сих пор напоминают, что нужно делать каждый раз, когда мои эмоции портят мне настроение.

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Great topic this is really the interesting topic where we can participate and introducing our experience about our emotion, of course psychological is very important in doing trading, so training to control our emotion needs to be the number one to take in consideration. 

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