Psychology Tips For Trading Education

Euro Fx/U.S. DollarFXCM

Description

⋅ Jul 7, 2015 7:18 AM

When you lose a trade

1- Do not increase your trade size after a loss.

2- Take responsibility for the loss.

3-Train your reaction to losing trades. Don’t be too harsh on
yourself

4-Accepting that trading is an activity that requires a certain amount of time and effort, but doesn’t always provide something to show for them.

When you win a trade

1- Do not increase your trade size after a win.

2- Stick with what’s working but be aware that it won’t last forever.

3-Maintain a critical eye on what’s happening.

4-Make regular withdrawals from your profits.

Trading Psychology

Comments

AlbertCheng

⋅ Jul 15, 2015 12:33 PM

practical advices. good

chargercab

⋅ Jul 9, 2015 4:44 PM

Natalie
Great Advice, I get loss today and I always take deep regreat when I loose and beat myself up,
I keep your comments and try to reflect like you,
Good Work. Chargercab

rsniknik60

⋅ Jul 9, 2015 12:07 AM

... if everyone followed the rules - the market would be ruined :-))

OGF

⋅ Jul 8, 2015 4:48 AM

I actually recommend "Trading in the Zone" by Mark Douglas to anyone. Book is purely on trade psychology.

Natalie.Gin

⋅ Jul 8, 2015 6:46 AM

Agree! Very good book! you must have a strategy in order for the book to be effective!

Technician

⋅ Jul 7, 2015 10:13 PM

True. Psychological issues that traders should tackle are many. Thanks for pointing some of them.

VelvetHammersTrading

⋅ Jul 8, 2015 6:14 PM

Trading in the Zone, best $25 trading investment ever! :)

Captain_Walker

⋅ Jul 8, 2015 4:27 PM

Very nice pic of you on your profile Natalie. :))

AndyM

⋅ Jul 8, 2015 4:31 PM

oh god... this is not a dating site, mind you?