We need to be psychologically strong to make good money like experts.

[kashifrehman]

Definitly if we can control our emotions and can get control our our psychology to some extent than money making with in this market become easy for us. In fact while trading with this market we can change mehods and strategies as we want but when we have to deal with psychology that becomes so difficult to change or alter tha best way to go step by step anf for initial control we must follow rules strictly. I believe that expert also go through this phase and we will too.

[kalponick]

Experts traders are strong in mentality like their strategy.. They dont cry like us when they encounter with heavy losses,, or jump like us when they make profit.. especially they dont trade like we do.. So if we also want to trade like them then we must need to follow their steps at first..

[syedraza]

His successful, then we need to process the Forex market from a psychological point of view, strong experts say, is very good. In the circulation, may take a loss, but should be considered as a part of the cycle to Hugh and there is no place for emotions in the market for trade, so that the heart must be strong.

[sujarman]

indeed sir, I strongly disagree with your opinion that we are running in the forex business is psychological and emotional state we are also very influential. if the circumstances are not psychologists, and emotional instability will lead to greater losses. because in our opening of our trade is not only comply analasis true emotions.

Psychology of Trading

If knowledge of forex, trading mechanisms and how to conduct forex transactions via the internet has been understood, then we can decide to be doing real trading, but it is no less important, even essential to be prepared is the Psychology / Mental / Attitude us in determining trade policy Forex.Mari we note the following,



The things that have to be prepared before the start of trading:

a. Money

b. Time

c. Trading help (help)

d. Psychology

The main foundation of a trader who wants to succeed:

a. Forex trading is not a quick way to become rich. Being rich certainly can, but do not think so narrow that must quickly get rich quick, because like any other job fair, which distinguishes only space and time.

b. Follow, learn and understand the analysis and strategies that the professionals do. There is no harm in mimicking the way people are managed, always collect the treasury strategy

c. Learn how to use meta trader indicators already available teknikal.Dalam user guides that can help to guide.

d. Get to know yourself. It is important to control the negative things that could worsen the way we trade so we can avoid from the beginning.

Psychological mistakes are often made of a trader:

a. Not having a trading plan. Fail to plan as well as the failure to plan. For example, to determine the momentum, and pullback entry. How we should take the maximum profit and how much we bear the risk of loss of one of our next plan to determine entry sell or buy.

b. Expectations that are too tinggi.Seringkali fact turn before we met expectations, it could be because the desire is too high or too high a profit target that market does not fit the facts.

c. Make decisions without the support of data or profit-untungan.Bisnis act is not a gambling / gambling / speculation / speculative, and therefore the data and gather information we need to take a stand.

d. Keserakahan.Ingin always wins, not losses, using a lot of the equity is too high regardless of the margin is a form of greed.

e. Loss.Akan not put a stop this fatal if left unchecked, a margin call or we will never get the funds ludesnya tersisa.Rencanakanlah well your trading.

f. Overtrade.Berdaganglah according to the ability of funds, time and psychological.

g. Blame the market, not me. Market is a fact that is running, we can only plan, for it is not against the facts.

h. Reply dendam.Kerugian not to reply with a fast time, it takes patience and consistency to the way a good trade. Eager to avenge the loss the same as digging your own grave if we all went wrong.

CONCLUSION
A. To achieve success in trading, you must be careful of your own emotions and use tools and strategies where they do not influence your decision. The world's most successful traders are more women, because women have good communication and they can control their emotions. There is no place for arrogant and haughty behavior or emotional instability in the placement market.

2. Learn and observe the reasons for fluctuations in the market, found that of Fundamental Analysis or Technical Analysis or
combine both. A good rule to follow is that if one or the other does not seem right, do not trade. Do not ever make a deal on a trend just for the sake of being different from the others, we emphasize again and again through this manual "TREND IS YOUR FRIEND".

3. Experience will give you the ability to understand the psychology of the market and to measure the balance between fundamental analysis and technical analysis.

4. You just have to be careful of your own emotions and use the necessary behavioral changes, this will enable you to become a successful trader.

5. Understand that none of the training, understanding or information that can make you a good trader. The key is to be able to trade in the correct level of emotion and without fear. If you do not feel you are right, walk away until you feel you are right. Do not try to trade more to cover losses or increase your profit; hold on to the plan. Recognize your strengths and weaknesses. Take responsibility for yourself, your investment and your emotions.

[ayakcalysta]

I strongly agree. teory psychology is very influential on trading activity. but the practice of psychology will berberan of emerging market situations. if my psychological state was not stable I prefer to close the trade and entertainment for relaxation. after the quiet of my new re-entry into the market

indeed sir, I strongly disagree with your opinion that we are running in the forex business is psychological and emotional state we are also very influential. if the circumstances are not psychologists, and emotional instability will lead to greater losses. because in our opening of our trade is not only comply analasis true emotions.

[joru]

I think psychology mostly connected witth patiance and emotions and some else factor if we make ourself able to wait for the eaxt entry point than we can make big profits like i never enter into a trade untill my trading system confirm me the entry point what ever conditions are.

[reazforex]

No doubt about it and it is a serious issue that we should be psychically prepared to be expert in forex. When we are inept in forex a thing is come into our mind that the next trade will give me lot of money and to make money from that trade we face losses.

[aarti]

you are right , because the psychology is also work really important for the trader, the trading need to have the good psychology if they do not have the good psychology they must not got the success from this business

[irome]

Psychological disasters are responsible for the fall of the traders in forex trade. One who is psychologically affected a lot will never let himself/herself to trade successfully. Those will only be successful who is able to manage the psychological aspects. If one is able to be psychologically strong, then trading will be a lot easier. That is why experts traders never let psychology affect their traders. They are psychologically strong and hence make lots of money. So if we need to earn like them definitely we need to be strong like them.

One should have phsychologically strong mind to succeed in trading, confidence and determination are important as well. Those easily understand the psychological behaviour of others also have good chance of winning as this is very important if you can judge the mindset of all other traders.

[venus]

forex is very risky business in which there will lot of tension and lot of depression that you have to deal while your trading to handle these factors you have to be phychologically strong

The risk in forex is depending on each trader who control money management to each transaction. If you use good money
management so you won't use lot size higher than your capabilities and you won't lose more than your limits. So it's important
to be discipline and stable in emotion control to realize it.