Forex Trading Psychology 101
['Nial Fuller']
Learn To Trade The Market
Trading psychology is a critically important topic for traders to learn about early in their trading journey, because if you don’t understand the role that your mind plays in trading, you will be stuck in a cycle of never-ending trading mistakes and account blow-outs. Traders typically become afraid of trading when they are risking too much money per trade (being greedy), so controlling your risk per trade properly will go a long way in helping you avoid having too much fear of trading. A missed trade that would have been a nice winner, exiting a trade just before it surges in your direction, suffering a losing trade that was not part of your trading strategy…these are all things that lead a trader to feel regret.