When you first enter, you may not feel the importance of trading psychology, but from the experience of numerous successful traders, they recall their trade growth process, and summarizes the following sentence: “I think so far, investment psychology is the most important factor, the second is the risk control, the most is not the important thing is when to buy and sell.”
Which trading psychology is responsible for the losses?
¢Ù the psychology of not admitting failure, especially some successful people in life or career, once trading losses, they often think it is impossible, and in order to conquer the market, go against the tide.
Finally, even missed the last chance to stop the loss, the loss is more complete.
In China, the first trading psychology we should learn is to admit mistakes in time and bow to the market.
(2) the psychology of the counting money, that is, gamblers overnight, hold on a state of mind to do it, on the one hand, will make you very impetuous, cannot think calmly and handling the problems of the trade, on the other hand also means that you don’t learn the relationship between investment and the investment is risky, so you should learn to control risk, rather than the profit probability too confident.
Once this state of mind is established, long-term profits are impossible.
Many people may start trading with a try mentality because they don’t have a full understanding of forex or simply haven’t put in much time.
You do whatever you want with the market.
How can the market be good for you!
Investing g is something that requires self-discipline, independent study and research, which takes a certain amount of time.
Try unplanned trading, which will get you out of the market quickly.
One of the most controversial events in the world of psychological investing is offering investment advice.
If judged correctly, both sides will be happy.
If the judgment is wrong, who should be responsible for the damage?
Therefore, we should lose the mentality of following the herd as soon as possible.
In the early days of trading, you can find a teacher to guide you.
That’s no problem.
The key is to understand that early guidance will get you started.
In this process, it is more important to have your own ideas.
After your own analysis, you can ask the teacher to verify it for you, rather than relying too much on the teacher’s judgment.
Another way to follow suit is to change technical indicators frequently.
You see the MACD indicator is very popular, if everyone is using it, then drop the Fibonacci indicator.
¢Ý Careless psychological transactions are too casual, never summed up.
Repeat mistakes often.
Don’t know what your trading style is?
Don’t have your own trading system?
If you don’t know your gains and losses over the year, and you don’t even manage risk and position management, you can only fail.
Fear and Greed Because of a failed trade, you are too anxious, resulting in a fear of trading, which makes you timid and miss out on opportunities.
Because too greedy, do not stop losses, always want to make more.
Fear and greed are human weaknesses. They are inevitable.
So you must always remind yourself and try to control yourself.
As fears of the new strain continued to ease, commodities and currencies surged on U.S. and European stock markets, while oil prices soared as much as 5 percent.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
