Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Things that damage Psychology

Things that damage Psychology

Discussion started on Forex Education

Print
Pages: 1 2 [3] 4 5 ... 77   Go Down

Arago

  • Jr. Member
  • Posts: 56
  • Points: 560
  • Likes Received: 2
  • Reputation: +0/-0
in my opinion it is true because in matters relating to SL placement is very influential on mental and psychology unless the trader is accustomed to discipline in implementing it.
#31 - March 19, 2020, 05:27:12 AM

Arumkusz

  • Newbie
  • Posts: 40
  • Points: 1193
  • Likes Received: 3
  • Reputation: +0/-0
there are some things that can damage the trading psychology of a trader, one of which is related to risk management, especially in the placement of a stop loss because it is the least preferred trader.
#32 - March 19, 2020, 08:55:49 PM

Tapakliman

  • Jr. Member
  • Posts: 71
  • Points: 3702
  • Likes Received: 1
  • Reputation: +0/-0
some things that damage psychology in my opinion there are many, but one of the hardest things that has a big impact is emotion not when placing TP or SL.
#33 - March 21, 2020, 01:29:28 PM

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Quote from: Tapakliman on March 21, 2020, 01:29:28 PM
some things that damage psychology in my opinion there are many, but one of the hardest things that has a big impact is emotion not when placing TP or SL.
Trading with Emotion is very dangerous, especially if there is no SL security, it is certain that you will get a loss, maybe worse, that is Margin Call. 
trader must have a solution for every problem if he wants to survive and profit on Forex.
#34 - March 21, 2020, 02:07:47 PM

Tapakliman

  • Jr. Member
  • Posts: 71
  • Points: 3702
  • Likes Received: 1
  • Reputation: +0/-0
Quote from: Jajami on March 21, 2020, 02:07:47 PM
Trading with Emotion is very dangerous, especially if there is no SL security, it is certain that you will get a loss, maybe worse, that is Margin Call.
trader must have a solution for every problem if he wants to survive and profit on Forex.
every trader must learn from experience, especially bad experiences, including trading time errors and emotions that are being discussed here. By learning from experience, trader will have more solutions and emotions will be easy to control, of course.
#35 - March 21, 2020, 02:11:06 PM

Widiaty Syahnazia

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Quote from: Mochira on March 27, 2020, 01:19:34 AM
The biggest mistake so far, does not take into account money management.

it's true as you say, we must find a solution so we can still control our emotions by trading according to strategy.
In my opinion too, emotional control can be done if applying money management.
because then the loss and profit limits have been determined so that there is no need to worry about market conditions.
#36 - April 13, 2020, 10:46:03 AM

Libra

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
maintaining psychology is not easy, we must have a strong mentality and the right mindset about forex, the rest we have to do it in a disciplined and patient manner because things that interfere with psychology are not only that but a lot.
#37 - April 29, 2020, 03:22:54 PM

aZGuners

  • Jr. Member
  • Posts: 53
  • Points: 831
  • Likes Received: 0
  • Reputation: +0/-0
if in my opinion the thing that can most influence psychology is emotions, emotions can destroy the trading psychology of a trader which will affect his trading performance.
#38 - April 30, 2020, 08:22:41 AM

VijjayVij

  • Jr. Member
  • Posts: 62
  • Points: 1728
  • Likes Received: 1
  • Reputation: +0/-0
Often shifting stop loss or floating floating on an unclear basis will make us weak in mental terms so that our psychology will also be unstable because maintaining psychology is difficult.
#39 - May 14, 2020, 07:41:45 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
psychology is indeed a sensitive thing because it really depends on market conditions unless the trader is consistent and disciplined, including in maintaining SL and not shifting it is already a good psychology.
#40 - May 18, 2020, 02:48:29 PM

PrimaFx

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
one of the things that can damage the psychology of trading is indeed often shifting stop loss but actually it's not just that things that can damage psychology but we need to emphasize that we must avoid things that can damage mental and psychology.
#41 - May 19, 2020, 07:50:54 PM

FzFx

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
trading psychology is easy to change especially because of market conditions but as long as we can maintain psychology we can control psychology and emotions so that psychology will be more stable even though many things that destroy psychology occur.
#42 - June 10, 2020, 11:11:33 AM

Aryox

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
it can indeed affect and have a bad impact on psychology, but as long as traders implement SL and TP well in my opinion it will not interfere with psychology anymore.
#43 - June 18, 2020, 05:43:11 PM

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
There are so many obstacles that damage psychologists, not just SL who are always touched.
Take into account the condition and control the psychologist so as not to be affected in the situation.
this becomes a homework for traders to be ready in any condition.
#44 - June 23, 2020, 03:02:54 PM

Sugeng Setiadi

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
A person's psychology must be well guarded so as long as we know the rules and can control emotions, psychology will also be maintained, not just because of the stop loss, our psychology will be disturbed.
#45 - June 24, 2020, 01:51:14 AM
Print
Pages: 1 2 [3] 4 5 ... 77   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Things that damage Psychology

Members:

0 Members and 3 Guests are viewing this topic.


Things that damage Psychology in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: