Forex Market Trading and The Mind Games Forex Trading Psychology | Written by David Mclauchlan
Mind Games defined: Mind Games are a kind of social interaction where participants try to screw with one anothers' heads. The concept is most often used colloquially to refer to deceitful, confusing or Machiavellian situations. However some mind games are described by the psychology of transactional analysis.
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Currency Trading vs. Casino Gambling Forex Trading Psychology | Written by Mihai Marinescu
The first aspect of our leverage myth refers to the belief that a high leverage can work in favor of the trader, and even compensate for losses in periods when trading does not give the expected results. Read more...
Key Timing Builds Trader Confidence Forex Trading Psychology | Written by Rick J. Ratchford
Without a doubt, trading is 90% psychological and 10% technique. Without the proper mindset and attitude, the best trading technique does not stand a chance against a mind that is uncertain, afraid or greedy. Read more...
A Healthy Psychological Profile is Needed for Successful Trading Forex Trading Psychology | Written by Dr. Van K Tharp
Many mental health professionals define an "uncertain" condition as being stressful. Uncertainty occurs because of too much information or because of too little capacity. The very fact that we cannot deal with available information is stressful. Read more...
Learning To Trade: The Psychology Of Expertise Forex Trading Psychology | Written by Brett N. Steenbarger
When people hear that I am an active trader and a professional psychologist, they naturally want to hear about techniques for mastering emotions in trading. That is an important topic to be sure, and later in this article I will even have a few things to say about it. Read more...
How To Take A Loss? Forex Trading Psychology | Written by Brett N. Steenbarger
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. Read more...
Sin of Switching Time Frames Forex Trading Psychology | Written by Amy Liao
Switching time frames is a sin of buying or selling a currency pair in one time frame and trying to close the trade in another time frame. Read more...
Sin of Dollar Counting Forex Trading Psychology | Written by Amy Liao
Dollar counting is a sin usually committed by fx traders who are not used to win very often, constantly monitoring how much a trade is up and down in profits is a destructive activity that has been robbing currency traders of big profits for years. Read more...
Sin of Failing To Cut Losses Short Forex Trading Psychology | Written by Amy Liao
The failure to accept and take losses is the most frequent mistake by currency traders. Traders must accept the fact that losses are a permanent part of their trading existence. Read more...
