Trading knowledge: the role of psychology in trading
Updated
If my knowledge is useful to you, please give me 1 like 1 follow. Don't hesitate to tell me your problem it will shorten the distance to your success.
NO METHODS 100% WIN
We are constantly searching for the holy grail, looking for a perfect method, but in the end, who wonders why the ego is like that?
Because of GREED, because the outside race always has a dream of being hegemony in the world, holding the holy grail, fighting somewhere to win, wanting something.
There are people who go to the end of the world and are still engrossed in finding methods. But what they need to learn the most is probably to shrink back, and find the core of the trader: that is the psychology of real trading.
First of all, to do this, it is essential that we position ourselves. Know yourself and your situation.
Indeed, success greatly depends on your circumstances. If you are a debtor, a fundraiser with interest payments on your shoulders, your psychology is different. If you are a trader with the aim of looking for more small profits, the mentality will be different, if you are a trader for fun, not depending too much on the profit and loss on the account, but still maintain a peaceful life, the mentality of war is different.
Social classes have different positions, although using the same method will also produce different trading results.
Next, It's personality- Personality will determine trading behavior: hasty, patient, greedy people a lot, greedy people little, people with high expectations, people with little hope.
Gone are the days of sitting around 5, 7 sharing 1 indicator… it's time we need to learn a new method: FIND YOURSELF- STRATEGY IN TRADE
NO METHODS 100% WIN
We are constantly searching for the holy grail, looking for a perfect method, but in the end, who wonders why the ego is like that?
Because of GREED, because the outside race always has a dream of being hegemony in the world, holding the holy grail, fighting somewhere to win, wanting something.
There are people who go to the end of the world and are still engrossed in finding methods. But what they need to learn the most is probably to shrink back, and find the core of the trader: that is the psychology of real trading.
First of all, to do this, it is essential that we position ourselves. Know yourself and your situation.
Indeed, success greatly depends on your circumstances. If you are a debtor, a fundraiser with interest payments on your shoulders, your psychology is different. If you are a trader with the aim of looking for more small profits, the mentality will be different, if you are a trader for fun, not depending too much on the profit and loss on the account, but still maintain a peaceful life, the mentality of war is different.
Social classes have different positions, although using the same method will also produce different trading results.
Next, It's personality- Personality will determine trading behavior: hasty, patient, greedy people a lot, greedy people little, people with high expectations, people with little hope.
Gone are the days of sitting around 5, 7 sharing 1 indicator… it's time we need to learn a new method: FIND YOURSELF- STRATEGY IN TRADE
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.