Psychology
Členom od Oct 16, 2024
26 príspevkov
Dec 13, 2024 at 08:02
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Členom od Dec 02, 2024
66 príspevkov
Dec 16, 2024 at 06:56
Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
I totally agree with you. There was a time when the prices were moving against me and I had to remind myself to stay patient and replay my risk management strategy, even though the pressure was high. I’m currently working on balancing it out!
Členom od Oct 16, 2024
21 príspevkov
Dec 16, 2024 at 07:31
FrancV posted:
Do you agree that trading is 90% psychology and 10% technical?
yeah i believe yes
Členom od Oct 21, 2024
61 príspevkov
Dec 16, 2024 at 08:46
Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
Členom od Oct 28, 2024
47 príspevkov
Dec 17, 2024 at 05:14
(upravené Dec 17, 2024 at 05:16)
ChelseaR posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
I totally agree with you. There was a time when the prices were moving against me and I had to remind myself to stay patient and replay my risk management strategy, even though the pressure was high. I’m currently working on balancing it out!
Creating a mental balance is very important for traders.
But prevention is always better than getting into a crisis. If you have a crisis in a row, it will be difficult to mentally control it.
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Oct 28, 2024
47 príspevkov
Dec 17, 2024 at 05:21
Rusell_Thorpe posted:Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
There are several ways to control and override this:
1- Creating conditions for emotional and psychological control.
2- Test and practice for mastery and self-confidence so that fear and greed disappear.
3- Use robots and algorithms instead of personal trading.
4- use signals and experts.
If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Dec 09, 2024
86 príspevkov
Dec 17, 2024 at 08:24
ChelseaR posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
I totally agree with you. There was a time when the prices were moving against me and I had to remind myself to stay patient and replay my risk management strategy, even though the pressure was high. I’m currently working on balancing it out!
Got it. Relying on risk management under pressure is hard but important. How's it working out for you now?
Členom od Oct 21, 2024
61 príspevkov
Dec 17, 2024 at 09:08
(upravené Dec 17, 2024 at 09:08)
TradeWizards posted:Rusell_Thorpe posted:Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
There are several ways to control and override this:
1- Creating conditions for emotional and psychological control.
2- Test and practice for mastery and self-confidence so that fear and greed disappear.
3- Use robots and algorithms instead of personal trading.
4- use signals and experts.
If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Good points! I focus on strict risk management. Do you use any strategies to stay calm during losing streak?
Členom od Oct 28, 2024
47 príspevkov
Dec 17, 2024 at 14:30
Brenda13 posted:ChelseaR posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
I totally agree with you. There was a time when the prices were moving against me and I had to remind myself to stay patient and replay my risk management strategy, even though the pressure was high. I’m currently working on balancing it out!
Got it. Relying on risk management under pressure is hard but important. How's it working out for you now?
I do very little manual trading. I have been using my own robots for about 5 years
I am a programmer and I also sell some of my products on the MQL5 site
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Oct 28, 2024
47 príspevkov
Dec 17, 2024 at 14:39
Rusell_Thorpe posted:TradeWizards posted:Rusell_Thorpe posted:Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
There are several ways to control and override this:
1- Creating conditions for emotional and psychological control.
2- Test and practice for mastery and self-confidence so that fear and greed disappear.
3- Use robots and algorithms instead of personal trading.
4- use signals and experts.
If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Good points! I focus on strict risk management. Do you use any strategies to stay calm during losing streak?
You can read the books "Trading in the Zone" and "The Disciplined Trader" by Mark Douglas, it was very useful for me, if you follow it carefully, you will succeed.
I hope you are profitable
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Dec 17, 2024
32 príspevkov
Dec 18, 2024 at 10:45
TradeWizards posted:Rusell_Thorpe posted:TradeWizards posted:Rusell_Thorpe posted:Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
There are several ways to control and override this:
1- Creating conditions for emotional and psychological control.
2- Test and practice for mastery and self-confidence so that fear and greed disappear.
3- Use robots and algorithms instead of personal trading.
4- use signals and experts.
If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Good points! I focus on strict risk management. Do you use any strategies to stay calm during losing streak?
You can read the books "Trading in the Zone" and "The Disciplined Trader" by Mark Douglas, it was very useful for me, if you follow it carefully, you will succeed.
I hope you are profitable
I have read "The Disciplined Trader" and it is a really good, helped me as well.
Členom od Oct 17, 2024
31 príspevkov
Dec 19, 2024 at 12:21
That was a good book, would also recommend reading "Reminiscences of a Stock Operator" by Edwin Lefèvre. It is a classic one in my opinion.
Členom od Oct 28, 2024
47 príspevkov
Dec 20, 2024 at 06:25
janet_brooks1 posted:TradeWizards posted:Rusell_Thorpe posted:TradeWizards posted:Rusell_Thorpe posted:Ces_76Jez posted:
I’ve learned the hard way that even the best strategy won’t work if your mindset isn’t in the right place. Staying disciplined and keeping emotions in check can make or break the trades. Psychology is definitely the backbone of successful trading.
Absolutely! How do you stay disciplined and keep emotions in check while trading?
There are several ways to control and override this:
1- Creating conditions for emotional and psychological control.
2- Test and practice for mastery and self-confidence so that fear and greed disappear.
3- Use robots and algorithms instead of personal trading.
4- use signals and experts.
If you can't find a way to control your emotions when trading, you're doomed to fail in the long run.
Good points! I focus on strict risk management. Do you use any strategies to stay calm during losing streak?
You can read the books "Trading in the Zone" and "The Disciplined Trader" by Mark Douglas, it was very useful for me, if you follow it carefully, you will succeed.
I hope you are profitable
I have read "The Disciplined Trader" and it is a really good, helped me as well.
It may not be believable for many, but I adhere to the discipline and practice of meditation very much
You perform at your best when your mind is calm
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Dec 17, 2024
32 príspevkov
Dec 20, 2024 at 08:47
blair3 posted:
That was a good book, would also recommend reading "Reminiscences of a Stock Operator" by Edwin Lefèvre. It is a classic one in my opinion.
Oh yes, I have read this one. Absolutely loved it!
Členom od Dec 17, 2024
32 príspevkov
Dec 24, 2024 at 07:05
Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
Like what is the point of making a solid trading plan but not being able to execute it because of a disturbed mind.
Členom od Dec 09, 2024
86 príspevkov
Dec 24, 2024 at 07:32
janet_brooks1 posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
Like what is the point of making a solid trading plan but not being able to execute it because of a disturbed mind.
I agree. A great plan is useless if you can't really stick to that. How'd you keep yourself focused during stress?
Členom od Dec 17, 2024
32 príspevkov
Dec 26, 2024 at 06:59
Brenda13 posted:janet_brooks1 posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
Like what is the point of making a solid trading plan but not being able to execute it because of a disturbed mind.
I agree. A great plan is useless if you can't really stick to that. How'd you keep yourself focused during stress?
I don't always keep myself focused but whenever I get stressed I just try to remain calm, do breathing exercises, maybe get up and walk
Členom od Oct 21, 2024
61 príspevkov
Dec 26, 2024 at 07:03
janet_brooks1 posted:Brenda13 posted:janet_brooks1 posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
Like what is the point of making a solid trading plan but not being able to execute it because of a disturbed mind.
I agree. A great plan is useless if you can't really stick to that. How'd you keep yourself focused during stress?
I don't always keep myself focused but whenever I get stressed I just try to remain calm, do breathing exercises, maybe get up and walk
Agreed. I do the same generally taking short break do help!
Členom od Dec 09, 2024
86 príspevkov
Dec 27, 2024 at 06:25
TradeWizards posted:Brenda13 posted:ChelseaR posted:Brenda13 posted:steve_25 posted:
Yes, psychology is often said to be 90% of trading, with emotions like discipline and fear influencing decisions more than technicals. But technical skills are still key for identifying opportunities. It’s all about balancing both.
Absolutely! I feel that mastering the mental side of trading really makes a difference, but having solid technical skills to back it up is key too.
I totally agree with you. There was a time when the prices were moving against me and I had to remind myself to stay patient and replay my risk management strategy, even though the pressure was high. I’m currently working on balancing it out!
Got it. Relying on risk management under pressure is hard but important. How's it working out for you now?
I do very little manual trading. I have been using my own robots for about 5 years
I am a programmer and I also sell some of my products on the MQL5 site
Sounds Interesting! What kind of strategies does your robots focus?
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