SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Money Management/Psychology Cycle of Market Emotions The Upturn • Optimism: The normal financial specialist enters the market feeling hopeful. They may likewise have elevated requirements for the profits in which they are involved. • Excitement: When the market goes up, the desires begin to end up noticeably a...
Hey my friends, here another educational Video for thise who can`t make money in the long-run! This is especially good for beginners and advanced traders who can`t make profit. I hope you enjoy it! ;-) Peace and happy learning Irasor Trading2ez Wanna see more`? Don`t forget to follow me! Any questions? Need more education or signals? PM me. ;-)
Introduction to Trader Psychology There is evidence of technical analysis dating back to the 17th century. The candlestick charts most of use everyday to trade were created in the 18th century by a Japanese rice trader. By this point one would think technical analysis should result in more profitable traders and lead atleast a quarter of price technicians to a...
This is about psychology - that 'no-go' area. In this video I explore negative emotions from different aspects. I look at how emotions are connected to risk and risk management. Avoidance is connected both to risk and emotions. I say that the biggest part of trading is about separating emotions from the objective assessment of risk
I'm sharing a chart to give my sentiments about listening to the news. New traders especially tend to listen to the news and website opinions about where markets are heading. I show a bit on how I approached a particular situation on the US30. A lot of news is late and people who create news items or blogs have their own biases, based on the information they...
Recently I participate in an analyst competition, and I got eliminated in the trading sections. Having an established trading system and strong mindset doesn't mean I make profit in every single trading days, as everyone would agree. That's why we need a daily risk ceiling, if hit, we don't trade anymore,which is called being "locked out". usually 6% (2% per...
Practical Exercise 1) Think of a past scenario where you acted impulsively in your trading and suffered the consequences. 2) What was the psychological issue that triggered the mistake? 3) How can you avoid future occurrences of this mistake? 4) Share in this thread.