Forex Zone - Forex Forum

Basic Psychology in Forex Trading

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
we have to let go of all these conditions because it is very possible
#496 - February 22, 2023, 01:40:36 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
mastering psychology will definitely give you the allure to stay calm
#497 - February 23, 2023, 03:10:17 PM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
free and open mind will help you solve tough problems
#498 - February 25, 2023, 07:13:46 PM

  • Hero Member
  • Posts: 1084
  • Points: 1599
  • Likes Received: 3
  • Reputation: +0/-4
The basic lesson of trading psychology is not to be greedy and must have a target of under 10 percent within a month. This will make your account last a long time
#499 - February 25, 2023, 09:57:11 PM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
use something easy to anticipate so you don't get emotional
#500 - February 26, 2023, 06:02:38 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
You must be wise in managing psychological strategies because it is safe
#501 - February 27, 2023, 02:33:50 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Mastery of psychology means a lot to you
#502 - February 28, 2023, 08:31:16 AM

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 3
  • Reputation: +0/-11
Psychology plays a crucial role in Forex trading. Traders must understand their emotions and how they influence their decision-making process. Fear and greed can lead to impulsive decisions, while discipline and patience can lead to successful trades. Successful traders also understand the importance of risk management and the ability to cut losses. They maintain a rational and objective mindset, focusing on long-term goals rather than short-term gains. Overall, basic psychology in Forex trading involves self-awareness, emotional regulation, risk management, and a focus on long-term success.
#503 - March 01, 2023, 11:05:42 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
mastering psychology can not be arbitrary you can try to train your mentality first
#504 - March 01, 2023, 02:03:44 PM

  • Hero Member
  • Posts: 1084
  • Points: 1599
  • Likes Received: 3
  • Reputation: +0/-4
In my opinion, basic psychology is actually by improving our trading lot so that our draw down is also low
#505 - March 01, 2023, 02:06:24 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
first hold your emotions because that's all you can do to succeed
#506 - March 02, 2023, 08:25:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
You can be kind so that you can manage your psychology
#507 - March 03, 2023, 08:41:43 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the psychological relationship must be clear where it has good qualities
#508 - March 03, 2023, 08:42:09 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
having the condition loose will help with troubleshooting
#509 - March 03, 2023, 08:42:38 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Indeed, in this case, you may have to be released to be able to master the best psychology.
#510 - March 04, 2023, 08:33:49 AM

Members:

0 Members and 1 Guest are viewing this topic.