Basic Psychology in Forex Trading

A great way to keep our psychology comfortable and controlled, sir, I myself also prioritize psychology and patience when trading so that we are not trapped in unfavorable market conditions and avoid greed or doubt.

By using the 3 basic psychological control methods described above, it is hoped that we can better maintain our trading psychology.

therefore do not force yourself to enter the market when our mental or psychological condition is not good, or we are having a problem. Because if we force ourselves to enter the market, large losses will await us. Because when our psychology is stable, we will be able to think clearly, and when we can think clearly, we will be able to make decisions correctly

okay, hopefully the existence of this article makes us aware of the importance of trading psychology, because psychology is one of the factors that determine the success of forex trading.

to become a good trader you need to make sure about your psychologycal tuned because it gives you the opportunity to make a good knowledge about forex and it is also valuable for to show the news.
phsycology trading is just maybe 10% of the forex sistem,but if you have 90% profitable sistem.. and when you not use the 10% ,, definitely you will gaining big loses for your trade

right, psychology in my opinion is the number one thing that we must guard, the stability of psychology in trading in my opinion also that can bring the road to success in trading, and certainly supported by other factors such as good technical knowledge and good money management too.

Yes, true. sometimes my psychology is interrupted when I am floating minus and I am confused I have to hold or cut it sometimes I also use the averaging system if my technique is actually correct but the price is still floating

in reality everyone has emotions but we must be able to control it well, especially when doing trading business for controlling emotions is very important because it will affect the success and failure of our trading business, if we ignore our emotions when trading then what will happen is the chance of risk enter so that what we get is actually a loss, but if we remain vigilant and always control our emotions, we will gain profits.

The following is the Basics of Psychology in Forex Trading :
1. Nature of openness
Successful forex traders are always open to new ideas. They do not reject the possibility of another idea or system if it can be more effective and profitable. Even though they already have and use the system with profitable trading methods and strategies, they are still willing to try a different system if it looks promising.
2. The nature of wanting to help fellow traders
Successful traders always want to share their knowledge with other traders to help them achieve their goals. They tend to have a sense of togetherness that the more successful should help those who are still struggling. Many successful forex traders become mentors or coach trading for those who need guidance.
3. Prudence
Forex trading requires hard work, both in studying the technical factors of trading and their implementation. Successful traders are always serious about learning everything by preparing themselves to the maximum possible both short and long term.

one thing we need to pay attention to is Psychology management.

Don't be greedy, we should be grateful for any profit.