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Trade
The influence of large sums on the work Manager
The question of psychological problems in trading is quite acute for probably the lifetime of the foreign exchange market. Attempt to adhere to all points of your trading plan is not always successful, moreover, the work with relatively large sums of money often makes you nervous speculators.
Every person in Forex is always responsible for the result that will be received in the future. The higher the responsibility that a person feels, the higher the probability of manifestation of various emotions during the trade.
Why is the psychological state of the trader is a subject of discussion? The answer lies in the very essence of the human factor, which can lead to illogical actions, which involve different variants of consequences. Developed currency speculators trading system already includes all the rules of the trade.
The model of behavior used in different situations are accounted for in the system. If the market, say, is not suitable for our work state, then you should refrain from carrying out foreign currency transactions. On the contrary, if the system gives us a signal to open or close a position, we should immediately respond to these suggestions.
The human factor is often the cause of non-compliance with the rules prescribed in the system. This means that the trader was a problem for their work on the market. Why is this happening? There are various factors that can affect the speculator, but the most common ones are: low level of competence, concern for the consequences of their mistakes.
We can say that the problem in fear, haste and so on, but all this is only a consequence, not a cause. Thus, people or does not know enough about trading that causes him anxiety, or experiencing zanelli the loss of large amounts of money.
Protect your Forex trading
A trader can easily trade on a small Deposit, time making deals, closing them and so forth, but this man begins to worry when you need to trade on a large account. Great for trader's capital, once it becomes a real problem, because one sees how to leave large sums of money, if the deal is unprofitable.
In this case, no desire to fix the loss that necessarily leads to a violation of the rules of the trading system, and sometimes to serious problems in trading. Cool, that just needs to currency speculators, disappears, and the actions begin to go beyond the conditions of the strategy.
Insufficient experience also causes problems for the speculator. People may not yet be ready to work on a real Deposit, and not to have confidence in their actions. The fact is that confidence comes with experience, and with positive.
While the speculator doesn't know what to do in any given situation, yet he has still no serious results in the form of large earnings of the money, it would be difficult to talk about confidence. Imagine there is psychological pressure on managers whose capital can increase very quickly. Trading his own money, a trader does not feel that excitement that you receive at admission on his trading account significant investments.
A trader must be psychologically ready to work with serious amounts. Moreover, he will not be able to experiment during trading, because in case of failure can be lost money. To help in some cases can come advisors.
Using the auto trade Manager solve psychological problems. Work does not have so-called human factors, they act solely systematically. The person in this case do not have to prepare for trading psychologically, but rather to rely on the Advisor.
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| Category: Forex | Added by: (30.10.2017)
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| Views: 308
| Rating: 0.0/0 |
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