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RE: Importance of psychology in trading

in Project HOPE3 years ago

Hello @josevas217, You are very right in stating that the psychological factor is not given due importance in trading and Forex, even in other aspects of daily life, I might add.

When a person gets involved with trading, they may have the false perception that it is handled in the same way as bets where "sometimes you win and sometimes you lose" and you have to count on a lot of luck, and this is not the case. Behind each trading operation there is a decision that has been supported by the experience and good judgment of the trader and where obviously he will not always have the upper hand because the markets can fluctuate without prior notice.

How important it has been that you showed this topic for us.

See you soon.

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Trading is a matter of probabilities, but when the trader's role is to use different tools to determine which move, up or down, is more likely to occur.
This is the heart of the matter. And the emotional, the psychological is indispensable.
Thank you for your comment