Having a bias doesn't mean having a trading opportunity.
We all have a bias on the market, that is defined by our experience and trading approach. And it's not wrong or bad to have it. Problem starts when we're holding onto it too much and when we start to think we know almost for sure where and more importantly - how - the market will move into certain...
Three golden rules of trading
1. Learn when to stay out of the markets. This comes from the principle that it’s almost always good to do the contrary of what beginners do. Think for yourself, beginners tend to always search for an entry and predict any kind of price action, even the choppiest one. The truth is, sometimes markets are in condition when it’s just...
The video is long, feel free to use speed settings :)
Thanks for your interest in the last post about the Major mistakes traders do.
Now let's talk about coping emotionally with losers. This is Part 1.
📖We all know this feeling, it feels awful, hopeless like something very valuable has been taken from us, like it destroys our work and plans and it feels BAD.
Who...
Regret is a common emotion experienced by traders when they miss out on opportunities or a trade they took doesn't go the way they believed it would. It is a feeling of disappointment or dissatisfaction with a decision that has been made or not made. In trading, the fear of missing out (FOMO) can often lead to irrational decision-making, which leads to missed...
But not by any of the brokers.....
They are rigged by OUR OWN MINDS
Let me explain.....
You start learning how to trade, all the lingo, and even some strategy.
You start a demo account, doesn't matter where, and just start trading
You do it just like you learned, from where ever you learned it. Indicators, check, do the analysis, check, major levels,...
I've changed my reward-to-risk ratio from 1:1 to 2:1.
You heard me right! They have changed.
I wasn't a stickler about my ratios, but I am now. I want to make more money and do less trading. How is this possible, you may be asking?
It's simple when you look into the details. So let's take a look at the losses first.
What do my losses look like?
Each time...
Hello TradingView world,
I have been trading for almost 15 years and have learned some serious lessons about trading and the markets. I have also been fortunate enough to interact with many great traders over that time that have helped me tremendously, however I still struggled for a long while and wondered why I wasn’t making the progress I desperately wanted to...
Greetings Dear Investors and Traders, today CryptoQueens, an educational post regarding the so-called Psychology of a Market Cycle.
When making investment decisions, investors have a wide variety of tools at their disposal. While these tools can form the basis of a sound investment thesis, their effectiveness is limited by one’s emotions. Allowing emotions to...
📉Fear Of Missing Out (FOMO) / SHORT scenario.
Fear of missing out, or FOMO, is the feeling of anxiety or regret that can occur when someone believes that they have missed an opportunity to invest in a stock or crypto currency that is increasing or decreasing in value.
This feeling can be triggered by seeing others making money from a particular investment, or...
The psychology of a market cycle refers to the emotional and psychological states that investors and traders go through as they react to market conditions. Here is a short summary of each stage of the market cycle:
🔵 Disbelief:
At this stage, market participants are skeptical about the potential for a market rally or recovery.
They may be hesitant to invest or...
1. Don't panic:
Losing a trade can be frustrating, but it's important to remain calm and not make any hasty decisions. Remember that investing in stocks and cryptocurrency carries inherent risks, and losing a trade is a normal part of the process.
2. Don't hold onto a losing position:
If a trade is not going in your favor, it's generally a good idea to cut...
Set clear goals and limits:
Before you begin trading, it's important to have a clear idea of what you hope to accomplish and how much risk you are willing to take on. This will help you make informed decisions and avoid making impulsive trades based on emotions.
Control your emotions:
Day trading can be stressful, and it's easy to let emotions like...
Debriefing
In the opening two parts of our Trading Insights Series we evaluated the importance of probability and random distribution, and then covered some key misconceptions relating to technical analysis and price movement. We recommend you start at part one and work your way up, but this entry can stand alone.
Intro
Your mind is the most powerful piece...
Hello traders 👋
Trading Mentality
First of all, ask yourself this question. ❓
How did trading impact your life ❓
It is important to remember trading could help you reach financial freedom or could easily destroy your life. Everyone knows 90% of the time people lose their money while trading. But it doesn't stop them from trading. Once you start trading...
Watch this video as I go in depth on how to formulate or encompass Risk to reward and win to loss ration into your current trading along with difference between and my personal opinions on both in regards to how they should be used.
ENJOY!!!
Phycology is a very undermined factor of trading however is one of the most important. Technicals can almost be taught to absolutely anyone who is keen to learn however phycology / mental factors can't. It is a skill that can only be developed over years I feel in this industry and fighting your human instinct is got to be one of the hardest things to over come in...
Market participants be aware. 95% of trading is mental, anyone can draw trend lines but these 4 factors are crucial when it comes to everything else.
Check each mental factor before entering a trade. The market has NO EMOTION.
I hope this can help you in your daily trading. :)
Let's also be aware that we can change our results by changing the way we think,, this is basically psychology of trading.You have probably heard it but have not CONSIDERED it.
Mark douglas the author of trading in the zone would say lets take some time of TECHNICAL ANALYSIS and shift to some MENTAL ANALYSIS
