Have you ever wondered why my analysis is good for the market and the price is moving according to the analysis I set but I still lose the deals? So it's about the psychological mistakes of trading and these are some ideas that might be useful to you.
Before starting to be convinced Dear trader that the profit in Forex and the financial markets in general is not today or tomorrow or next month, but in the long term or medium term in a sense that periodically may range from 6 months to one year Yes one year and you just a Gambler is not a trader.
One of the most psychological mistakes that may ruin your profits is finding
1 - fear of loss of opportunity :(((
Here the trader will analyze the price and find a chance in the process of forming this fear of losing that opportunity so that he sees the opportunity of life for the mechanic enters the deal before it is completed to find himself in front of a big loss stop, but the price movement is different than what he thought might lead to the closure of the loss Or to increase the stay and in the case of failure analysis is a loss is serious for this to wait and be complete opportunity and do not rush and do not consider it a chance of life for you.
2. Vengeance Trading: woo:
In trading, you do not think that you will only win deals or that all of your transactions will be highly profitable. The trader may lose a deal or two deals. It feels as if the market defies or wants to hurt his money. Trust that the market does not know you and does not care about the head of the owner even if it is one million dollars or more. I do not deal with the market personally and do not deal with reprisals until you compensate for your loss. In order to achieve this, I suggest not to enter Plut Ali in the sense that reduce the lute so as not to lose more: accute:
3- Dealer or Gambler: rules:
I think that this mistake is clear to all of us rolling should build the mentality of rolling in the sense that does not expect to achieve profits quickly, on the contrary, it is cumulatively today, and for this do not enter transactions only for your sense of trading on the contrary tried to wait as long as possible and even when you lose a deal or two deals Hurry up again if you do not have the opportunity: ok:
Finally, I hope you will benefit from the subject and achieve an objective view of the trade.