gaban Posted October 16, 2015 Share Posted October 16, 2015 psychology plays an important role in forex trading, because by having a good psychology it will provide maximum results for our trading. we can train psychology for trading with small capital. If we have a good psychology of fear can be minimized with good Quote Link to comment Share on other sites More sharing options...
myregister Posted October 24, 2015 Share Posted October 24, 2015 no one like to lose. all of us want to win. and since we are deal with uncertain nature of market, impossible to expect win all the time. if traders has no understanding regarding with the risk, they won't accept that loss is part of risk. so, those traders too much fear still in trading. however, uncontrollable fear won't help traders to gain good result. even mistakes often occur. Who love to lose their money? A trader only want profit and win each of their open position including me who wish like that too, but this is reality not all can do that and no one to be exact can win forever. Psychologically if someone already isolate theirselves it means forex destroy their lives, it is better to consult at psychian rather than sorry for later. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 2, 2015 Share Posted November 2, 2015 FEAR, all in capslock is one of the emotion that shrouded trader, well this is normal since we are human being but this emotion could be ride if we are experienced enough and able to get rid that emotion, to be honest it is not easy it requires more time but if you can rid your FEAR everything should be fine. Quote Link to comment Share on other sites More sharing options...
Ronnie Irani Posted November 3, 2015 Share Posted November 3, 2015 Sidejob, I believe fear is not entirely bad because this can help us from making silly mistakes and perhaps also help us overcome the issue of getting over-confidence, I believe that if we remove fear too early before getting education or experience then I definitely fear we could do serious damage to our capital, so getting rid of fear should be one we are capable, but definitely not prior to that. I have got controlled over my fear, but I won’t want to get rid of it since it saves me from silly trades and rest I get a lot of help from OctaFX broker with their lovely daily market news and analysis service, it’s easy to follow and free as well. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 8, 2015 Share Posted November 8, 2015 Only in few cases dude Just like you said in few cases fear will help us from making silly mistakes and will help us to voercome the issue of overconfidence. I saved by my fear in few ocassion but in most nope i either lose chance of making sizeable profit or keep lose even actually the market is just correct its position a bit. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 15, 2015 Share Posted December 15, 2015 Well you safe your FEAR? LOL i think emotions should be eradicated? It seems you still trying to contain emotions like this fear into yours even just a tiny bit. In fact fear is important, i always stick into warren buffet said about fear and greed because it makes a sense and proven many times to me. As long as your fear unreasonable that is fine for you. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 22, 2016 Share Posted March 22, 2016 Psychology is something that affects our trading results. Trading using good psychology will allow us to trade with the maximum. to train good psychology then we can try to trade using small capital first. if our psychology good then we can minimize the fear of trading Quote Link to comment Share on other sites More sharing options...
myregister Posted March 25, 2016 Share Posted March 25, 2016 All traders and to be exact the price is affected by our psychology. All traders are human in this case, they trade affected by their psychology such as fear and greed. By those two , the decision influenced us even we already use technical or fundamental analysis thus lead to the consequences of the price moving if there are a lot of people do the same actions. Quote Link to comment Share on other sites More sharing options...
omar-profits Posted March 26, 2016 Share Posted March 26, 2016 if you want to success in forex trading, you must to let emotions aside. no fear, no greeds. you should to use the logic, don't go buy while the trend in all frames are down, and try to use the stop loss, it will protect your account from losses. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 1, 2016 Share Posted August 1, 2016 Fear for each trader is different, some traders maybe afraid to one situation or condition while the others are trying to embrace it and make sure that they don't lose so much with it. On this stage someone with biggest fear against the certain situation may find theirselves cannot even concentrate or simply want to avoid that situation to avoid further losses. Quote Link to comment Share on other sites More sharing options...
garuk Posted August 3, 2016 Share Posted August 3, 2016 if you want to success in forex trading, you must to let emotions aside. no fear, no greeds. you should to use the logic, don't go buy while the trend in all frames are down, and try to use the stop loss, it will protect your account from losses. I agree with you, because of the emotions that can be controlled well, without greeds or fear, it will be a determining factor for success in trading forex. I also trying to continue to train my trading psychology that can be controlled well when running trade with FBS Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 3, 2016 Share Posted August 3, 2016 Indeed about psychology having high roles in trading, which many trader usually making decision based on emotion and desired to making profit from forex market, and yes usually on real account many trader especially still beginner they have high level fear in trading, look floating small profit will fear to lose again hence making them closed order immediately, but look loss floating they also fear but can't do nothing and wait until get margin call account Quote Link to comment Share on other sites More sharing options...
gaban Posted August 4, 2016 Share Posted August 4, 2016 psychological factors so we need to control, for that reason in the emotion of trading was very influential to the desired results, and we have nothing to fear in trading activity because it would be better if we seriously started trading on a demo account first Quote Link to comment Share on other sites More sharing options...
myregister Posted August 9, 2016 Share Posted August 9, 2016 Talking about fear especially in foreign exchange i think that each trader has their own fear, some overcome it, some still struggle against it, and some even lose to it. Well this material is quite bit difficult to discuss because of its subjectivity where fear for one is not fear for the others. Also fear could manifest easily in one while the others is harder than what they imagine before. Quote Link to comment Share on other sites More sharing options...
yasrielkarunia Posted September 14, 2017 Share Posted September 14, 2017 Having a psychological like superman, certainly not an impossible thing. In trading traders are required to stay focused or stay focused and not consumed psychologically. If you do not believe that psychological play a big role in your trading process, you may ask the traders that you know how big the role of this thing in forex. Well for those who want to know what to consider in trading, the following 7 psychologically important for forex traders 1. FOCUS ON PLAN TRADING Try to remember your initial trading mission, earning 100% per month, 200%, 300% etc. Therefore, since the beginning of the deposit, do not expect profit / gain more than your target. Do not use lots out of control to earn thousands of% per month etc. Stay focused on achieving your target using safe methods. Focal Focus Focus. 2. READY TO RECEIVE LOSS Sometimes in an OP you will be faced with the touch of your SL. Since it is not possible in every OP you all reach the TP target. There are times when occasionally the price will touch your SL. And if this happens, you must be sincere and not feel lost. Example: During one week of trading you have managed to reach 30%, then besuknya you lose 10%, then you still have to trade by following the rules of the existing rules (can not double the number of lots etc.). Go back to building slowly again and believe me, at the end of the month you will feel the sweetness of the accumulated profit you have gained. 3. AVOID OVER TRADING (EXCESSIVE TRADING) The third tip of trading psychology control is to keep the excessive trading seara not. That is, often you are faced with the many signals from various PAIR. I suggest, of all the existing pairs, choose one that gives the best signal / pattern. Example: When you open the chart, you see the signal in EURUSD and GBPUSD, then choose one only. 4. DO NOT GRANT In the Chinese proverb it says "Getting a small profit continuously is better than getting a big profit but only once". It refers to the statement "In great results, there is great risk". In conclusion, taking advantage bit by bit (for sure) will be better. Even if the Loss several times, we still have a chance to fix the Loss. 5. CONFIDENCE (DO NOT BELIEVE ANALYSIS OF ANYONE) Do not let you be affected by the signal or the results of analysis of others. You already have a clear concept. Remember, analysis is part of the concept. And it can not be separated from one another. So, the analysis you apply is in accordance with your concept. And analysis of others is not necessarily in accordance with your concept. by the way, is there anyone who has ever subscribed with a broker? if not try to subscribe with FXB Trading Quote Link to comment Share on other sites More sharing options...
Dion Ebrahim Posted September 14, 2017 Share Posted September 14, 2017 Fear is something that is always the issue with beginners, as it is something that causes all the problems. So, if we are truly in hope of gaining then it must be done through controlling our fears and emotions. When we manage that successful then we will automatically find our self in better zone. It’s so much easier for me through OctaFX, who are masters with been licensed by FCA and provides high forecast, trading tips and insights that helps us go far. Quote Link to comment Share on other sites More sharing options...
tauf Posted September 15, 2017 Share Posted September 15, 2017 The fear of losing money or fear the failed transaction resulting in reasonable loss alone is inside trader, but it should be muted with believes the results of the analysishave been made Quote Link to comment Share on other sites More sharing options...
pepy Posted September 20, 2017 Share Posted September 20, 2017 The fear of losing money or fear the failed transaction resulting in reasonable loss alone is inside trader, but it should be muted with believes the results of the analysishave been made It is pretty much normal for newbie, even for some experts their fear of losing the money during transaction is exist and that fear which sometimes hold them back when they trade. Fear is fine as long as you able to regulate it, by able to regulate your fear then you can use it as tools to lower the risk of become a risk taker. Quote Link to comment Share on other sites More sharing options...
aliforex Posted September 21, 2017 Share Posted September 21, 2017 It is pretty much normal for newbie, even for some experts their fear of losing the money during transaction is exist and that fear which sometimes hold them back when they trade. Fear is fine as long as you able to regulate it, by able to regulate your fear then you can use it as tools to lower the risk of become a risk taker. the risk of large trading should be true we understand and learn well to make us more understandable so it can be easy to run it, because it is by learning often and trying to understand the risk it will be very easy to do it so learn it as best as possible Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 21, 2017 Share Posted September 21, 2017 I really agree with that. traders should be able to better and more maximal again in doing the understanding, it is necessary for traders to be better and more independent in improving existing trading skills Quote Link to comment Share on other sites More sharing options...
Elyas Posted September 24, 2017 Share Posted September 24, 2017 fear will hit a trader if his account has just hit the MC or suffered huge losses. so to start opening a new position again arises fear and inner doubts within him that make it difficult to make decisions. doubts that we must minimize with accurate analysis and accompanied by money management in order to remain safe even if our position and direction of our trading is wrong 2 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 27, 2017 Share Posted September 27, 2017 fear will hit a trader if his account has just hit the MC or suffered huge losses. so to start opening a new position again arises fear and inner doubts within him that make it difficult to make decisions. doubts that we must minimize with accurate analysis and accompanied by money management in order to remain safe even if our position and direction of our trading is wrong It is humane to be fear especially after hit MC, but do not falter. The psychology of forex is quite similar to the daily psychology. In fact behind the anonymous market we know that there are humans who trade manually, open a position and close a position. Minimize doubts can be done not by accurate analysis but by experience and our own willpower. Sounds cheesy but that is what i feel. Quote Link to comment Share on other sites More sharing options...
elfrilaen Posted September 27, 2017 Share Posted September 27, 2017 fear will hit a trader if his account has just hit the MC or suffered huge losses. so to start opening a new position again arises fear and inner doubts within him that make it difficult to make decisions. doubts that we must minimize with accurate analysis and accompanied by money management in order to remain safe even if our position and direction of our trading is wrong Fear in trading, can mean fear of starting a transaction or open position, afraid of floating minus even be afraid to see the chart. It's a matter of bad habits that traders often encounter. Fear is the emotion that paralyzes us, when we are convinced that we must do transactions or executions, but we can not. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 2, 2017 Share Posted November 2, 2017 Psychology in this forex trading run is important, with us who have maximum skill maximum trading ability that will facilitate us in generating profits. Forex is not an instant thing, because business is a very big risk. So to continue we increase the ability where to want to get profits consistently Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted February 26, 2018 Share Posted February 26, 2018 People can earn good money while trading currencies in the forex market since this dynamic and decentralized market is trying to offer diverse opportunities to any age group or any sort of investors. No matter whether you are a growth investor or capital preserving trader you will have opportunities. But traders are now always relating fear to forex trading. Such as:1. The fear of losing their hard earned money.2. The fear of losing trades continuously and which can force him to withdraw from the forex market. Quote Link to comment Share on other sites More sharing options...
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