|
Statistics
Total online: 1 Guests: 1 Users: 0
|
Trade
Trading psychology
Trading psychology plays an important role in the everyday life of currency speculators. First, as a rule, on all sorts of psychology, emotions, feelings, people don't pay attention, preferring to rely on the system, on cold calculation and numbers. After some time, when one realizes that the quality of its trading system became better, and in the management of the capital it already figured out, but problems remain, he starts to dig deeper.
It turns out that even using a good strategy you can spoil everything, worrying, worrying, and because acting in error. Every error, mistake, hope that it all works out in the market only lead to more losses, disappointments. Man enough to get scared at the wrong moment during the trade, then increases the likelihood of doing something stupid.
Hope dies last
Of course, a positive attitude during trading this is great, even necessary. But you need to understand the brink of a positive, which stands in trade as something positive, and hope for the best. Positive attitude in trading is useful because it allows us not to become discouraged, and always try to find new opportunities to achieve the desired results. It's like a second wind for the speculator, who gives strength, the desire to continue, not to give up and not to reduce the speed.
The psychology of a trader
On the other hand it is hoped that the presents you don't need fantasies about something light, the best. The problem is that, relying on the market, the person gives the key to his success chance. Even considering all the conditions under which it will conduct transactions, people will not be able to perform all conceived in practice, because it is distracted by unlikely choices, the onset of which it would be very desirable.
Destructive psychology of a trader
A simple example might be a currency speculator, who in his work decided to sit out all that is possible. He opens a trade, the price goes in the right direction and profit fixed. Further, the situation will be repeated as long as the price does not go in the opposite operation direction. And then everything may change significantly. People begin their work on Forex, might wish to close has already grown a loss. The trader can decide to wait out the unpleasant condition of the market, hoping for further reversal.
A price reversal could happen. Only that sooner or later the moment will come when the market will continue the chosen direction of development. In such a situation, the merchant will see how increasing the loss. Thus, the speculator does not want to do anything, since the operation is already heavily fell to minus and their fixation will mean the loss of the profits previously obtained, as well as for loss and equity. Such an act is a beginner to accurately decide you can't, and hope does not always live up to expectations.
Fear in trading
His first deal, usually remembers every trader. Some sweaty palms who can't sit still until the position is closed down, some immediately realize that the Forex market is not for them. In any case, a person experiences anxiety, which may harden, forming a fear. There are reasons to be afraid of while working on Forex, it is not something special. Another thing is that the speculator will have your fear to work.
To deal with fears is possible. For this first of all one must perform, at this point the magnitude of our Deposit. If the funds that were deposited speculator, significant for him, and the excitement will be high for fear of losing their money. The second thing to do is to reduce the ratio of the amount of the Deposit to the used lot. This risk reduction is, of course, will affect the amount of profit potential, but, on the other hand, will reduce possible financial losses.
How many times have heard about situations where a trader sits at his computer and is waiting for a signal from your system to the opening operation. In this case, employees may enter the market ahead of time, unable to withstand stress, or seeing what is already clear condition signal. Haste could become the reason of emergence of new positions that have no place in the work without a signal trading system.
Similarly, the rush can affect the outcome of trading, if the person is prematurely closed position. Thus, we can talk or lost profits, or loss fixing, when it was not supposed to do. The timeliness of all actions allows us to count at least for something that everything will turn out exactly as planned, with error, of course, circumstances that depend on us.
Psychology is the enemy of the trader?
So, perhaps, psychology can be called an enemy of the currency speculator. The fact that in the perfect work on the market, one should act all the time according to the signals of your system. No wonder that strategy is studied, tested, polished all kinds of nuances, and only then we can see some results. People spend time and effort to create a guide to the market. Adhering to that determined for himself a trader, he was running on the system. Psychological characteristics of people keep them in strict adherence to the plan. Hence, it is not rare sad results.
|
| Category: Forex | Added by: (05.11.2017)
|
| Views: 271
| Rating: 0.0/0 |
|
