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Psychological training for success in trading

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There are many excellent books on trading psychology, but the main thing lacks ready-made techniques to work with a trader's moral condition. To tackle this problem, you must do proven exercises that you can use as part of your psychological preparation to succeed in trading.

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On 2/17/2020 at 2:05 PM, BitCryptoCoin said:

To be successful in trading you will unknowingly train yourself psychologically to overcome fear, panic and some others bad emotions. 

Being able to control emotions when trading, psychological training may be the best solution. If the training goes well, it will easily succeed in trading. If training continues well, then business will be easier. I think in fact, because controlling our emotions is very important, so it will not lead to failure. Control of feeling during working hours.

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  control our feelings is very important in trading,because  it makes us see the deals very clear and don't act in the wrong way.

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On 2/13/2020 at 8:12 PM, Goody28 said:

Dear mate what possible psychological resistance are you actually talking about I don't seem to understand you please can you explain more further thanks

can be a gambler if you know nothing about what you are doing. Education comes with a lot of things including experience. Losses, missed transactions, all of these can help you become what you want to be. I dare to make decisions in bitcoin trading. The price of bitcoin and altcoins affected by market sentiment or market sentiment means panic and fear and this keeps the price volatile. Yes, I think this is normal.

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22 hours ago, Sirlabo999 said:

This does not apply to every traders because expert traders already knows how to avoid this,best thing to do is to practice to be an expert too                                                                                                                                           

Of course, traders have several types according to their psychological nature, regardless of experience. There is the trader affected by greed, and there is another that is affected by fear and so on. All of these are psychological feelings that must be trained to restrain them in order not to cause us wrong decisions.

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Money markets like other markets bear profit and loss, in addition to that one of its most important characteristics is that they are highly volatile and therefore must prepare the trader psychologically to deal with market conditions in a correct manner.

 
 

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On 2/17/2020 at 1:00 PM, Science2 said:

The most important part of the good idea that traders read them is whether the businessman himself remains, will he really depend on the psychological side of the business,Thank you.

It will not lead to failure. To be able to control emotions when trading, psychological training may be the best solution. If the training goes well, it will easily succeed in trading. It's the best and easiest way to make money. Most people want to go to a good and reliable website.

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Yes, of course, the psyche plays a very important role in all markets, not just crypto, and keeping it safe is very important if you want not to spoil your deals and win money.

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I feel that trading by feeling and feeling is a kind of vanity that can lead to loss and these psychologies must be addressed. Because the only way to succeed in trading is to rely on analysis, not the feeling, luck, or experience and the illusion of control that some people suffer from.

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The psychological factor has a great impact on the trader with experience, but has poor self-confidence, as he hesitates before entering into any deal, even if his analysis of it is good because of his lack of confidence in himself.

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On 2/18/2020 at 5:42 PM, Jone20 said:

Fear can be a factor limiting your potential and behavior in trading operations. Of course, your mind will want to find the safest option to ensure continuity. With regard to trading, this means that if the deal appears to be losing out of your balance.

Everyone must keep to maintain a strategic distance with the ability he needs to be under his own control. I didn't check any books to discover these tips, I learned them through the meeting. I am using a secure and reliable trading website and I think most people want to keep the trading website secure.

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This is how the universe is going, we are all free and disaffected. You have the right to define your general sense of the market, you may feel that the price should be raised because you are confident. Although this is not necessarily the impression of the market.

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Having an emotional response to your dealings with the cryptocurrency market is normal. So you need to take the emotional analysis of the market into consideration. It is not surprising that many people are uncomfortable when they see that prices fluctuate.

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On 2/20/2020 at 11:48 AM, DrHaman said:

A trader's imagination may be known as among the list of major very important attitudes this works your astonishing section around figuring good deals plus geneva Chamonix transfers inside of a show. One or two admit than a trader's truthfulness should be an unequivocal assess this hugely affects your trader's hones plus decisions.

it must have a certain number of centers. The enthusiasm of this option is important and the purpose is simple: inventory enters and exits the warehouse within a short time frame. I use a good trading website and I think most people want a reliable trading website and I think most people use good security and a secure trading website.

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On 2/20/2020 at 2:41 PM, Inamullah said:

The best ways to promote discipline, as a trader, is to create a business plan. Generating income from trading activities is a business, and should be treated as such. You would never risk your hard-earned capital in a new car washing venture or restaurant, for example, without having a plan that shows that you can make money. It should be no different with your trading business.

many other wise traders panicked and ruined everything they had. It is better to improve our trading skills to control our emotions and panic. This will help a lot in successful trading. One or two more honesty assertions of a trader should be an unclear assessment, which greatly affects the decision plus your decisions.

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That is really problem, which everybody is face to face. Psychological training is so important in my opinion. With this problem making trade can destroy everything. You should be careful about that. 

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On 2/14/2020 at 11:15 AM, Ipal said:

I agree with you, psychologically must be trained so that emotions do not occur too high or excessive fear so that our trade is not interrupted by psychological training.

He was forced to make a quick decision. To do this, he must have a certain amount of concentration. You can do it to train yourself to meditate everything. Because this will help you better control your mind and thus control your emotions

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The trader should be trained that he can experience a series of losses, and during that he must be able to control his emotions and not make mistakes that increase his loss.

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Certainly a good trader should train himself in all market situations and accept him in a good psychology because the market is very volatile and it can collapse and cause frustration and despair for traders, which leads to their doing unwise.

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On 2/9/2020 at 8:02 PM, Sasaki said:

I agree because having psychological training can help you learn how to cope in some situation but in some point the experience we got in trading can also help us to grow more because as long as your do trading you can come up in a different strategy. 

most people like trading and most people use trading I used trading many years ago so I like trading. Make sure that your psychology is the first and main factor behind your success because it completely controls your trading performance in the market, and if you think it is easy and simple, once If you open a real account, we will realize its importance.

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On 4/4/2020 at 8:48 PM, OldBangS333 said:

Psychological training is very important fоr your mind in order to train in circulation and the concept of patience and lack of intolerance in trading and also sitting in frоnt of the market all day long, which is stressful for the brain and the entire bоdу

Yes, it is true that there are many psychological factors that hinder the process of trading. Therefore, the trader must have patience and continuous psychological training on all possibilities that can be faced, in order to be able to make the right decisions.

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On 4/6/2020 at 5:46 PM, jack0 said:

psychological trading would not help, if you do a wrong trade randomly and hope to recover it back to profit. have a good strategy.

We must realize the importance of psychological training and the ability to control feelings because trading cryptocurrency contains a large amount of human emotions and psychological challenges experienced by every trader in this market.

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Basically the last year at least a good counter-indicator is youtubers. You do the exact opposite from what they are saying and you will be in profits. For altcoins you just short them after a big pump and you are in profit again. Buying Bitcoin after a huge dip and holding is also profitable. Follow youtubers and you will get rekt.

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On 2/9/2020 at 8:37 PM, Roni77 said:

Most people use trade I use trade many years ago so I love trade Most people want to earn good money I think trade is the best and it is popular earnings system.

I agree with what you said

  The mental state of the trader is very important during the business

  Because sometimes the panic will take over and allow you to doubt yourself.

is not the right image and can cause him to make unreasonable decisions that he may regret later. Many factors influence an investor's confidence in cryptocurrency trading, including the investor's readiness and the level of tools available to him in the currency exchange market.

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On 2/17/2020 at 5:28 PM, Nosheen said:

Okys thats great its good opportunity for thoes who can not go outdoor for courses

I started trading when I got into some trouble, which is why I now try to exercise and sooth it when I trade in the future. You will probably have to think of many cases when your concerns or emotions have saved you recently.

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