 Posted: Tue 8:47, 13 Aug 2013 Post subject: hollister france Trading Psychology - What Makes a |
|
| In Forex trading, as in any profession or pursuit, there are certain personality characteristics that make some people likely to succeed, while others seem to have their work cut out for them to become a professional trader. You may have discovered in your own career that certain personality traits make it easier or harder for you to perform your job-related tasks. Here are some trading psychology pointers that will help you determine if Forex trading is a good fit for you, and how to make yourself a successful trader.
First, do not get run away with by your emotions. Forex is a high-adrenaline environment, and you need to be able to keep calm under pressure and make good decisions. A key point of trading psychology is to stick to your trading plan, and stick to it especially hard when you feel like you are getting emotionally excited. A good rule of thumb that professional traders use is this: if you haven't done the math about a new strategy, you haven't thought about it long enough. When the hollister france adrenaline is coursing through your brain and you want to take a risk or get out of a dangerous situation, and the trade you're contemplating is not part of moncler pas cher your trading hollister plan, just don't do it. Stick to your plan instead. Second, be open to new ideas. This does not contradict the first point. You should not trade on a whim, unless you just enjoy losing money to slot machines. But in your off time, when you are thinking about strategies in a theoretical www.achbanker.com/home.php way and not actually trading by them, you should be willing to think about new strategies that other traders tell you jordan pas cher about. If you want to be a professional trader, it is essential to learn from the mistakes and discoveries of others. Professionals in any industry are always learning new things, and Forex is no different. Third, talk to other traders. This is a part of trading psychology that is often neglected. Many people think that they should hold www.msc-sahc.org/moncler.asp their strategies close, as if they were trade secrets. This is not how Forex people work. Forex is a dynamic and growing market, and other investors are often happy to share their secrets or bounce ideas off each other. Even professional traders often love sharing their secrets with hollister france newbies and amateurs, and even become trading coaches. Teaching others helps the teachers as well. It gives them an opportunity to work through all the logical steps and implications of their strategies in a way hollister that they might not otherwise barbour paris have to do. If you want to make sure your strategy is watertight, try teaching it to someone else. It is easy to think that all Forex professional traders must be introverted, grumpy, and socially awkward, because we just work at our computers all day. Nothing could be farther from the truth. Forex forums are full of people who are friendly and eager to share their secrets, both about trading strategy moncler and about Forex trading psychology. Darren www.id8ego.com Page is a professional trader, investor, entrepreneur and founder and CEO of Zappy Wealth. Darren runs regular webinars for his clients, is RG146 qualified in Foreign Exchange and has www.barbourfranceboutique.fr developed a market leading trading psychology course. Check out the website and receive access to some great free content on trading. 相关的主题文章： hollister outlet Finding Credit Cards From Less Mainstream Banks For Bad Credit moncler pas cher Tips On How To Make Money In The Stock Mark barbour uk outlet Basic Money Advice From Brokers |
|
