Saturday, December 8, 2007

Forex Trading Phsychology

Forex: Why Psychiatrists Make Better Traders Than Expert Economists?
It should be noted that millionaire traders, Elder, Williams and some others are in fact professional psychiatrists.

Emotions And Forex Trading Don't Mix
The key to making money in the currency exchange market is to avoid emotional decisions and to follow a carefully thought out strategy that takes the current market and history into account.

Forex Market Trading And The Mind Games
Mind Games defined: Mind Games are a kind of social interaction where participants try to screw with one anothers' heads.

Forex: No psychological limitations
Back when I first started learning about investing, I decided to start from the beginning and read basic books on personal finance as well as "guides" for understanding all of the investment world in a nut shell. Most of these authors were very knowledgeable and informative, but their investment advice was far too conservative for my taste.

Trading Psychology: Mistakes in a Trading Environment
When it comes to trading, one of the most neglected subjects are those dealing with trading psychology.

Forex Trading: The Fear Factor
Market knowledge and ability to understand analysis will only get you so far in forex trading, but without the nerve to actively compete risking your own money in the process you can never become a successful trader.

FOREX trading psychology: Learn to see the line between the trading plan and your emotional impulses
The vast majority of Forex education organizations fail to address the only true characteristic of a market place, the human nature.

Your FOREX trading potential can be predicted by looking at your daily emotional behavior
As hundreds and thousands of articles have been written on the subject of trading the markets, and with the emergence of new financial instruments every day, I feel compelled to put together a dissertation on the most important element of trading, the emotional effect.

Forex : How To Handle A String Of Investment Losses
Everybody hates to lose and unfortunately no one is blessed with the ability of foresight, therefore losses are an unavoidable part of trading. When we enter a trade we will either be right, or wrong, and even if we broke-even we'd still be classed as being wrong - as nobody enters into a trade just to break-even! When unsuccessful traders encounter a string of losses they begin to engage in self-destructive patterns that help them escape the pain they are experiencing

Why do the best trading systems fail?
Why do Forex Traders fail? I have a theory.

Comments :

0 komentar to “Forex Trading Phsychology”