5 essential Psychological Trading.

[elgazawy1992]

try to find sir your losses,I think if you can be doing properly maintain the risk and money management then you must be safe on the trade and be successful for the future.So when started your trading then you should be properly analysis the market first then you should be take your position.

[lala]

Cutting your losses at an early stage and being loyal to your profit earners.
It is sometimes difficult to do because most traders expect prices will reverse, so he will make a profit. and trying to deny the signals given by the system or strategy it uses.

That is correct.I Agree with you.Strategy is super keen in this field.If we not follow it in a proper describe pattern we will then found ourselves in massive trouble.And Rightly so , if we noticed many other people keep complaining about it,not knowing they are mostly not following the proper way of achieving goal towards to become a good forex trader.

[allah99]

How to Enter and Exit Trades on a 5-Minute Chart with Oscillators and Fast Lines

Oscillators do just that, they oscillate between high and low extremes.

Yet, oscillators give many fake signals. Since they are leading indicators, they point out that a trend might emerge.

Thus, oscillators are one of the most attractive tools for day traders as timing is of the essence.

Nevertheless, if not used properly, they often lead to failure. Therefore, I recommend combining two oscillators when trading on a 5-minute timeframe in order to validate trade signals.

Personally, I like oscillators only for trade entry and not trade management.

Therefore, I recommend you include a fast line on your chart in order to attain exit points on 5-minute stock charts. Some of these lines could be a regular Moving Average, DEMA, TEMA, Hull MA, Least Squares MA, Arnaud Legoux MA, etc.

In this section we will cover 3 simple strategies you can use with 5-minute charts.

Strategy #1 - Stochastic Oscillator + RSI + Triple EMA

This simple strategy uses a three-pronged approach across two oscillators and an on-chart moving average indicator.

Entering a Trade

Trade entry signals are generated when the stochastic oscillator and relative strength index provide confirming signals.

Trade Exit

You should exit the trade once the price closes beyond the TEMA in the opposite direction of the primary trend.

[Freebird]

Emotional trading is very bad, we should be controlling our emotions and not our emotions controlling us, because if things happen like that we will find it difficult to trade and make money from the market, that's why we need to make sure we control our psychological aspect very well before trading in a live account.

[Lover96]

:: 5 essential Psychological principles for successful trading.

1. Trading with a regimented plan and system.
2. Cutting your losses at an early stage and being loyal to your profit earners.
3. Not let your emotions rule in trading and to be objective with your decisions.
4. Don't make overtrading.
5. Awareness - Never follow blindly.

Bhai aap na 5 ka 5 points he buht achy hain or valid hain iss ko zaroor follow krna ho ga sab sa pehly loss ko rokna ho ga ku k agr loss ko nhi rok paye gy tu agy nhi barh paey gy, or han bhai emotion less ho kr trading krna he kamyabi hoti ha.

[fishwork]

Of the five points the over trading point is important for less your losses,I think if you can be doing properly maintain the risk and money management then you must be safe on the trade and be successful for the future.So when started your trading then you should be properly analysis the market first then you should be take your position.

[Bieela]

The important thing for you about trading psychology is that we become a person who can become a good trader is not an easy thing. We have to be smart in responding to price movements that sometimes also make our emotions in running this trade. In general, this does look easy. but if we experienced a lot of loss that it is obvious how the condition of our psychology to the problems we face.

[lighto]

thank you my friend for this list it will help for sure any trader who want to get some succese in his bussnese should follow this steps i fin d them very helpfull and will give a result espicialy follow a regime and do not trade blindly

[hasnain123]

bht achi bat ki ap ne ur ap bht ache sawal karte ho mai kafi ise follow bi karta hu jese aj ap ne bat ki to bht acha laga ur mai ise follow karne ki puri koshish karu ga ur mjhe umeed ha k result positive hi hoga

[forexlive]

bilkul dear hamen forex trading mein emotions ko effect hony nhi dena chaye jo bhi ho hamen trading hamesha apni planning k mutabiq karni chaye hamen apny har trade mein stop loss use karna chaye ta k heavy loss na ho

bikul forex mai jis trader ke pass emotion hai wo kabi v achi trading nai kar paye ga es layi app ka emotion door tabi hoga jab app es kam mai demo account mai pratice karte hai bina pratice app ko es kam mai koi kuch hasal nai hoga es layi app ko es market mai psychological strong hona pade ga fer app achi trading kar payo ge ...