Mastering trading psychology

[Fedra Bianchi]

Mastering trading psychology doesn't make any money, but it helps you execute your trading plan perfectly. Traders must believe their trading plan if it gives good results or not. Don’t trade with your emotion like over trading or revenge trading. Stick with your plan. Try to learn about trading psychology in micro account. Demo traders lack emotion in trading.

[smithAbbey]

What are the requirements to become a Eurotrader broker? 1v1 lol

[Beagra]

It is very convenient and correct to use a demo account and a multi-account with the help of it you can really prepare yourself psychologically. And the broker Amarkets has good conditions for this, both for beginners and experienced traders. And you can always contact an experienced manager

[gds221]

For a trader, the psychological aspect of work also means a lot. As for me, this aspect should be given a lot of attention.

[Cairdarsy]

any psychology that relates to any occupation makes a lot of sense, only few people listen to it

[Dora Wi]

Technically, mastering trading psychology will earn you money, in the sense that it is necessary to make profits. It takes a lot of work and self-reflection to improve in this area, but I believe it is worth the effort, because we can even benefit from it in other areas of our life.

I would recommend everybody learns about the biases and fallacies that the human brain is prone to. It can help notice and understand your own mistakes. Also everyone should find healthy ways of coping with / relieving stress so that it doesn't mess with the trading process.

[Dora Wi]

On 1/29/2021 at 4:38 AM, smithAbbey said:

What are the requirements to become a Eurotrader broker? 1v1 lol

Eurotrader is an existing broker itself, isn't it? You can become a trader on their platform, not a broker.... 

[gds221]

It is really important for the trader to choose the right strategy for the work, and most importantly, to act according to this strategy.

[Tindenucac]

psychology, like other parameters of a person's approach to trading, weigh too much to ignore

[FXOpen Trader]

On 2/6/2021 at 11:12 PM, Tindenucac said:

psychology, like other parameters of a person's approach to trading, weigh too much to ignore

We must try to manage our trading psychology so that it will not affect our trading and the profits.

[Ceban]

The psychological preparation of trading is very important for everyone, because the result will depend on it.

[gds221]

I believe that it is important for the trader to monitor the psychological aspect of trading, because this also plays a rather important role.

[Juleenelya]

in general, psychology is really important in the work of a trader, because this is already improving as a person

[Erienner]

in general, many consider this to be empty words, but the general approach and psychology in general, too much affects future results

[Gidencenti]

psychology for a trader, like other points in the approach to work, is too important in making a profit in the future

[gds221]

I believe that the question of psychology in general plays an extremely important role. At least, while I was working, I was really convinced of this.

[Gidencenti]

psychology in trading, as in other activities that bring profit, is very important, no matter who says what, but such aspects too strongly influence decision making

[Vaabum]

The psychological attitude to work also plays an important role. In my opinion, sometimes it is even more important than theoretical knowledge.