Trading news

Trading Psychology


Have you ever wondered how our emotions affect the decision-making process while trading?

There are two important keys to effective trading:

  • Self-discipline - stick to previously set goals and do not go astray giving way to emotions
  • Do not attempt to recoup - learn to dispose of negative emotional energy after previous trading experience

Self-discipline and control over emotions are no less important than ability to analyse the market and work with techinal indicators.

Key to success may lie in understanding and getting insight into the «Psychology of Trading».

Psychology of Trading

Find more useful information on opportunities of Forex & CFD Trading in our Education center:


Visit education center

Monday, 28 Nov, 2016 / 7:44

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://www.ifcmarkets.com/en/trading-psychology?utm_source=financemagnates

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under