Psychology in Forex

[uncle gober]

Psychology in forex trading is one of the most important things that must be understood and carried out by the trader. Many traders are successful because they understand about trading psychology and many of them also eventually gave up and lost because they underestimated. So for those of you who are serious about investing in forex, forex psychology must be understood correctly.

[Decub]

Psychology works both in Forex and in any business as well. It is the psychology of a trader that keeps him positive. Ordinarily, a lot of people would have thought and seen Forex as a place where one can easily lose. But the real fact remains that once we have that negative thought about Forex, we hardly would earn as well.

[uncle gober]

I do agree that much has to do with psychology than anything else, if you are psychology prepared you will be able to trade without fear and greed, and if we can control our mind status while trading then will be able to concur Forex and make more money trading.

[Decub]

That is the more reason it is nice enough for any trader in Forex to first of all, consider his capabilities before thinking of joining Forex. Forex is not a place for those who just want to trade and who are not really set for business. It is a place where the traders need to be prepared for it before they do.

[standart]

well, besides technical aspect. traders should deal also with psychological aspect. when traders know how to make profit but emotions easy to be triggered, they'll facing many problems. stick with trading strategy and risk management plan necessary. traders won't involve on worst case scenario when they are discipline.

[TenkoFx]

You are working with no plan? Why? Working without a plan is about as difficult as trying to come back from somewhere that you have never been". You will become profitable if you achieve success, but success rarely comes without a plan

 

Success is not counted in cash; success starts with an inner faith, the ability to listen, and in having a plan. However, financial freedom only comes by following the plan.

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[Decub]

They say the psychology a trader has goes a long way to determine what he shall become. Psychology also plays a great role in Forex and most importantly, to the newbies. They are those who always run into the temptation of quiting with the slightest loss. It is with a positive psychology only can they survive the heat.

[CahCuncun]

The most important thing in forex trading is to have a good psychology, the psychology of trading has good we will get the maximum trading. for that we need to train the good psychology, with trading using small capital we can train a good trading psychology

[uncle gober]

Trading psychology is the most important part of trading. This is a must thing to know for trading in any financial markets. Trading psychology is the change of perception due to emotion, biasness and other external forces while trading in financial markets.

[Decub]

Losses are just an embodiment of discouragement and then, there are those who really can't stop thinking about losses. It is always good to remain positive against all odds as it is the only way to stand head tall against all odds. Forex is a business you make money from when there is that positive mind set.

[Stekin]

We should not allow our psychology to control us the same way our emotion control us. If we are able to maintain a very good trading psychology, then it will help us to have a positive thinking that will keep us motivated to trade. Psychology play a very important role in the life of the trader.

[rexway]

Is your phychology that really matters alot so when you trade you always follow the trend of the market and practice to make perfect forex is one of the dangerous business all that you need is to trade from your mental abstraction and gain the sizable profit that you need

[CahCuncun]

success in forex trading not only requires good skills, but we also need a good trading psychology. to have a good psychology then we are able to survive in the forex and we can manage our capital well. therefore we need to train the psychology of trading. try trading with capital $ 10 in tenkofx to train  trading psychology

[garuk]

Trading psychologist that we should be able to respond with a good advantage especially in times of loss. with a good psychologist you will be able to grow and become a professional trader. Trading psychology is very important in trading, because it conditioned our mind how to react at certain trading conditions, being emotional in these market can lead us to have many losing trades.

[Decub]

Psychology sometimes says a lot about you and the way you would react to things. Psychology in Forex is something that all traders need because it keeps you motivated and also strong in mind. When you maintain a positive mind as you trade, it makes you also not moved by the adversaries of failure.

[tray22]

We must get ourself out with psychological trading and get our self well equip with good knowledge and skills when our knowledge and skills is up then we can make more succees in here

 

market thou skills is the first thing to obtain first

[Stekin]

We must get ourself out with psychological trading and get our self well equip with good knowledge and skills when our knowledge and skills is up then we can make more succees in here

 

market thou skills is the first thing to obtain first

When a trader is trading with psychology or with his or her instinct, then it will make him or her not to concentrate well on the way that he or she will trade will. It works in the same way with emotion and this thing is the main reason why some traders don't make any profit from forex.

[CahCuncun]

When a trader is trading with psychology or with his or her instinct, then it will make him or her not to concentrate well on the way that he or she will trade will. It works in the same way with emotion and this thing is the main reason why some traders don't make any profit from forex.

 

We must have good trading pscyhology. We can try to use small amount if we want to hone it. Try to make deposit $10 in TenkoFx, we can start trading with real account with that amount.

 

Be more than a trader, be a TenkoTrader

[garuk]

Trading psychology can affect your judgment while you are trading. There are two emotions in particular have been the source of ruin for forex traders over the years. Those two emotions are fear and greed. I try to minimize the greed and fear by maximizing money managemant. money management is the way in which a trader can calculate profits and losses that still can be tolerated by the trader. Therefore, we recommend that you use the trader calculator that can help us in calculating the amount of entry based on the spread, margin and leverage, swap

[uncle gober]

To be successful in forex, we not only need skills trading  good, we also need to have a good psychology. Forex is a risky business. So that skill alone is not enough to be successful in this business. We also need a good psychology. That way we can be successful in forex. As good as any the trading skills  if not  have  psychological well then it will not succeed in this business

[CahCuncun]

psychology is very important in forex. to have a good trading psychology then we can trade with leverage. Facts prove that many fail in forex because they do not have a good trading psychology. to train a good trading psychology we need  trade using little capital as $ 10 in tenkofx

[kaito kid]

The first psychological mistake that most new and semi experienced traders commit is to follow the trend blindly without using common sense and logic. Things like an economical data published, 5 minutes chart reflecting a breakout and many such other things will trigger most forex traders to rush and be first to enter the market. It is often said that trend is trader’s best friend. But as a forex trader you should remember that you have to follow the trend to trade, not be the first to enter market after any data or news published.

[rexway]

That is why focus is always the best and right strategy for any trader to use.

And also we must have patience if we want to really succeed in this business this will help us alot

[CahCuncun]

 

psychology is very important in forex trading, to have a good trading psychology then we can try to trade with leverage. besides we have to have good trading skills we also need to have good trading psychology so as we can succeed in this business, with capital tenkofx trading at $ 10 can be used to train our trading psychology

[myregister]

If you don't have knowledge you cannot make money in forex, so knowledge is important. Well, psychology bring some impact to the market. This is good if we know it and we can abuse our own knowledge and ability in psychology to keep strong and making more profits.