its useful for every one. Even You !!!
Psychological preparation:
Today we will not explain how to trade or analyze the chart
Today we will talk about the Fomo / Fud Panic buy / panic sell, which happens every now and then in the market:
let us start with Cycles and explain the relationship between it and buy and panic sell
Cycles mean a change in anything, whether it is the price or the status of the person or even the days. Everything around you is changing Here, for example, in currency trading:
Bullish Days / Time for Buy
Bearish Days / Time for sell
These are the trading cycles and every candle close means start a new cycle, what happens on a chart happen with people also, of course, people price not change, lol, here we talk about human feelings and human feeling Such as the chart is random and change overnight
The chart has bullish / Bearish days
The trader has Happy days sad days gloomy days etc
So you and chart agree with something
But in trading, you need for a conscious mind with certain stability and not affected by the factors surrounding it and here we will start to inform you of the therapeutic description to do so
To turn from a panicked Trader to a professional Trader !!
Planning and preparation Stage:
first before starting new thing anything you need to know more info about it:
You want to buy a car/phone etc, the first thing you do start googled cars and which brand you will buy, etc
So anything you want to do, you should have a plan for it
This called planning and preparation Stage
You hear about the market and want to join you should search and know all the available information about the market, then you decide whether this is the phone you want to buy. Is that car suitable for you? Is that the area you aspire to work in it?!
Then The Preparing Stage:
If You want to buy a car you should have money, If you want to upgrade your phone you should have money, same with the market if you want to join it you should have money!!
Unfortunately, this is a completely false belief :(
Before money, you need the most important tool and this called Knowledge, and money without knowledge, like a human without a mind, imagine that, yeah without knowledge there`s no value for that money or your mind
You have money to buy a car, but you can`t drive it, what the money can do for you except buy or get driver, but you still remain without the most important tool, the knowledge
So, in the market, if you have money and ready to trade without knowledge, save my words well, you will lose your money, again you will lose your money all of it!!
And this makes us move to the next stage " knowledge"
at the market, you need to learn about many things like
Technical analysis
Basic Analysis
Risk Management
Managing capital
and many stuff, but today we are with a date with a point is the most important at all and unfortunately many people don`t care about it
This point is psychological analysis !!
What that Psychological analysis are you serious?! what the kind of this Ship** you mean!!
First, if you don`t know about this kind of analysis, you missed a big part of the market basis!!
Market like building a house without foundations!!
Yeah !! build Strategy for the market like building a house and the main part in this strategy is Psychological analysis!!
back to car and phone point
you did the most important thing to buy this happen without feeling this happen automatically !!
When did you start to think about buying a new car?
for sure when you felt you need it
but what made your mind think about buying a car at this time?!
Creat strategy for the market like building a house and you can`t build a house without foundations!!
And the main part of this strategy is Psychological analysis!!
Recall the memory
When did you start to think about buying a new car?
for sure when you felt you need it
but what made your mind think about buying a car at this time irrespective of your need?!
I will tell you
Your financial status did that, you felt your financial status is good,
so you started thinking about buying a new car or going to trip or upgrade your phone etc
this feel has factors, Tangible factors, and factors that you can only understand with deep thinking
anyone when he feels sufficiency and stability
His mind begins to think of some things he had never thought before
This called Psychological state
So as a trader, did you checked your Psychological state before start trading?
many of us didn`t do that and few people care about that, for that we share this post to help you and give the Final treatment to solve the problem of panic buy/sell
How your Psychological state helped you before starting buy and sell
How that happened? this happened by The trust in yourself and you're convinced that you are able to learn, that was the first step helped you to start trading.
Psychological state effect in real life and trading:
for sure Psychological state has many effects Both on your health or/ on those around you and those who enjoy with good Psychological state they have good health and good mental health
if you are sad, you will get sick probably, and handle with people will be hard due to your Psychological state, the opposite if you are happy the proportion of your illness will be weak and will be dealing with those around you at the summit of understanding and affection,
So Psychological state means a lot in real life before trading.
So from real life, we will move to the next step, how to create Environment suitable for the trader:
for sure you can`t open chart and do analysis during you are mad or sad or woozy etc
so before starting analysis or doing buy and sell you need to be with your full focus, and a clear mind, to get good results, due to anything else will be unuseful and cost you loss and results will be bad
After creating Environment suitable for the trader we move to Psychological preparation:
before joining any trade or follow any signal you need to Psychological preparation to avoid the main point of our article panic buy/sell
you need to be sure you control your feelings and don`t panic, don't be greedy, all of this will not come randomly before you make a decision to buy or sell you should follow these steps
1-Buying and selling should be come from personal conviction not do because someone recommended it
2- don`t buy due to you feel it bullish , and don`t sell due to you feel it bearish every act you will take should has a view and analysis from movement and based on the study, not feelings or buy or sell based on rumors
3- if you are unsure about this idea, it`s easy don`t trade it, this not the end of the market, Just trade when the chart is clear for you and you are sure about your idea!!
4- when you are afraid don`t open any signal, close chart and spend some time away of the trading then back and check it
5-don't make yourself prone to lose by ignoring rules, many people lost their money because they did that!!
6- study risk and reward with capital management before open any trade if you can`t follow it doesn`t open any trade
7- don`t blame another person for your loss, blame yourself only due to that was your call to follow or not you this guy who`s press the key!!
8- Never, don`t run behind a train, you will never reach it, if you missed a chance, wait for the next one!!
9- when you set your plan and be sure about, once you press apply to follow it until the end, TP achieved or stop-loss triggered!!
10- don`t be from the herd, don`t be this guy who presses like button due to this big amount of likes there lol ( Explicit apply of herd behavior) many people do the same thing without convinced of it, they just do that, due to there are many people doing or like this thing,
you go to watch the despacito song, due to they heard or saw this much of views about it, even if they don`t love songs they follow ( herd behavior)
In trading, if you do that you will fail for sure, So follow your view and don`t care about what other says or doing
So by following these simple rules, you will defeat the panic before the panic defeat you!!
Psychological defeats have no place until you allow to do so, and this war is Psychological war, did you ask yourself before why the bullish is green and the bearish is red?!
Green Is Calming
Readers often suggest that the color green has a calming effect. "I read somewhere that green is a calming color or a color that helps concentration or something,"
"Dark greens are so soothing. I've noticed that whenever I'm feeling nervous or anxious about something, sitting in my dark green living room makes me feel much more relaxed," explained another reader. "I guess that's why they have 'green rooms' for actors to sit in before they go on stage. It probably helps them feel more grounded and calm."
Psychological preparation:
Today we will not explain how to trade or analyze the chart
Today we will talk about the Fomo / Fud Panic buy / panic sell, which happens every now and then in the market:
let us start with Cycles and explain the relationship between it and buy and panic sell
Cycles mean a change in anything, whether it is the price or the status of the person or even the days. Everything around you is changing Here, for example, in currency trading:
Bullish Days / Time for Buy
Bearish Days / Time for sell
These are the trading cycles and every candle close means start a new cycle, what happens on a chart happen with people also, of course, people price not change, lol, here we talk about human feelings and human feeling Such as the chart is random and change overnight
The chart has bullish / Bearish days
The trader has Happy days sad days gloomy days etc
So you and chart agree with something
But in trading, you need for a conscious mind with certain stability and not affected by the factors surrounding it and here we will start to inform you of the therapeutic description to do so
To turn from a panicked Trader to a professional Trader !!
Planning and preparation Stage:
first before starting new thing anything you need to know more info about it:
You want to buy a car/phone etc, the first thing you do start googled cars and which brand you will buy, etc
So anything you want to do, you should have a plan for it
This called planning and preparation Stage
You hear about the market and want to join you should search and know all the available information about the market, then you decide whether this is the phone you want to buy. Is that car suitable for you? Is that the area you aspire to work in it?!
Then The Preparing Stage:
If You want to buy a car you should have money, If you want to upgrade your phone you should have money, same with the market if you want to join it you should have money!!
Unfortunately, this is a completely false belief :(
Before money, you need the most important tool and this called Knowledge, and money without knowledge, like a human without a mind, imagine that, yeah without knowledge there`s no value for that money or your mind
You have money to buy a car, but you can`t drive it, what the money can do for you except buy or get driver, but you still remain without the most important tool, the knowledge
So, in the market, if you have money and ready to trade without knowledge, save my words well, you will lose your money, again you will lose your money all of it!!
And this makes us move to the next stage " knowledge"
at the market, you need to learn about many things like
Technical analysis
Basic Analysis
Risk Management
Managing capital
and many stuff, but today we are with a date with a point is the most important at all and unfortunately many people don`t care about it
This point is psychological analysis !!
What that Psychological analysis are you serious?! what the kind of this Ship** you mean!!
First, if you don`t know about this kind of analysis, you missed a big part of the market basis!!
Market like building a house without foundations!!
Yeah !! build Strategy for the market like building a house and the main part in this strategy is Psychological analysis!!
back to car and phone point
you did the most important thing to buy this happen without feeling this happen automatically !!
When did you start to think about buying a new car?
for sure when you felt you need it
but what made your mind think about buying a car at this time?!
Creat strategy for the market like building a house and you can`t build a house without foundations!!
And the main part of this strategy is Psychological analysis!!
Recall the memory
When did you start to think about buying a new car?
for sure when you felt you need it
but what made your mind think about buying a car at this time irrespective of your need?!
I will tell you
Your financial status did that, you felt your financial status is good,
so you started thinking about buying a new car or going to trip or upgrade your phone etc
this feel has factors, Tangible factors, and factors that you can only understand with deep thinking
anyone when he feels sufficiency and stability
His mind begins to think of some things he had never thought before
This called Psychological state
So as a trader, did you checked your Psychological state before start trading?
many of us didn`t do that and few people care about that, for that we share this post to help you and give the Final treatment to solve the problem of panic buy/sell
How your Psychological state helped you before starting buy and sell
How that happened? this happened by The trust in yourself and you're convinced that you are able to learn, that was the first step helped you to start trading.
Psychological state effect in real life and trading:
for sure Psychological state has many effects Both on your health or/ on those around you and those who enjoy with good Psychological state they have good health and good mental health
if you are sad, you will get sick probably, and handle with people will be hard due to your Psychological state, the opposite if you are happy the proportion of your illness will be weak and will be dealing with those around you at the summit of understanding and affection,
So Psychological state means a lot in real life before trading.
So from real life, we will move to the next step, how to create Environment suitable for the trader:
for sure you can`t open chart and do analysis during you are mad or sad or woozy etc
so before starting analysis or doing buy and sell you need to be with your full focus, and a clear mind, to get good results, due to anything else will be unuseful and cost you loss and results will be bad
After creating Environment suitable for the trader we move to Psychological preparation:
before joining any trade or follow any signal you need to Psychological preparation to avoid the main point of our article panic buy/sell
you need to be sure you control your feelings and don`t panic, don't be greedy, all of this will not come randomly before you make a decision to buy or sell you should follow these steps
1-Buying and selling should be come from personal conviction not do because someone recommended it
2- don`t buy due to you feel it bullish , and don`t sell due to you feel it bearish every act you will take should has a view and analysis from movement and based on the study, not feelings or buy or sell based on rumors
3- if you are unsure about this idea, it`s easy don`t trade it, this not the end of the market, Just trade when the chart is clear for you and you are sure about your idea!!
4- when you are afraid don`t open any signal, close chart and spend some time away of the trading then back and check it
5-don't make yourself prone to lose by ignoring rules, many people lost their money because they did that!!
6- study risk and reward with capital management before open any trade if you can`t follow it doesn`t open any trade
7- don`t blame another person for your loss, blame yourself only due to that was your call to follow or not you this guy who`s press the key!!
8- Never, don`t run behind a train, you will never reach it, if you missed a chance, wait for the next one!!
9- when you set your plan and be sure about, once you press apply to follow it until the end, TP achieved or stop-loss triggered!!
10- don`t be from the herd, don`t be this guy who presses like button due to this big amount of likes there lol ( Explicit apply of herd behavior) many people do the same thing without convinced of it, they just do that, due to there are many people doing or like this thing,
you go to watch the despacito song, due to they heard or saw this much of views about it, even if they don`t love songs they follow ( herd behavior)
In trading, if you do that you will fail for sure, So follow your view and don`t care about what other says or doing
So by following these simple rules, you will defeat the panic before the panic defeat you!!
Psychological defeats have no place until you allow to do so, and this war is Psychological war, did you ask yourself before why the bullish is green and the bearish is red?!
Green Is Calming
Readers often suggest that the color green has a calming effect. "I read somewhere that green is a calming color or a color that helps concentration or something,"
"Dark greens are so soothing. I've noticed that whenever I'm feeling nervous or anxious about something, sitting in my dark green living room makes me feel much more relaxed," explained another reader. "I guess that's why they have 'green rooms' for actors to sit in before they go on stage. It probably helps them feel more grounded and calm."