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RE: How the brain works in trading part 2

in Project HOPE3 years ago

Hello @ale.aristeguieta
I didn't know this trading community existed. I'm starting to study Forex, although I know it's different from trading with cryptocurrencies, I think it's interesting to read other points of view regarding the psychology of the trader, this thing that you raise as a kind of permanent indecision or better said a war between both hemispheres brain them, usually is not so easily visualized by people.

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Hello @josevas217
welcome to Trading Capital, thank you for participating and I am glad to read that the article has served your study. I believe that each market has a different rhythm and way of expressing itself over time. However, the price is still price and the behavior of the market makers on the different assets is the same.

If you are studying with traditional currency pairs such as EUR / USD or GBP / USD and at some point you decide to trade Crypto such as Bitcoin Futures for example, if you should readjust. I recommend that if you are interested in Crypto and Currencies, you operate in Currencies and make investments in certain projects in the cryptographic world. It will be easier for your mind to work the markets in this way.

80% of the people or spokespersons of this business speak only and exclusively about trading under a clearly logical conception that is based on needs or behavior patterns that the market must meet in order to make a decision. Few take the time to explore and make way for this fundamental part of our mind and functioning. You operate a belief system, you enter the market based on what you believe, if your beliefs are wrong and illusory based on false parameters and not on true behavior, it will be difficult for you to succeed in the market. One must act based on what the price says and expresses, not based on a requirement of a system. Reading the price is not the same as operating under rules that do not exist in the market and that you have only invented or the thousand and one pages of the Internet.

Greetings and welcome to Trading Capital

@ale.aristeguieta

Hello @ale.aristeguieta
Certainly, what they mostly mention is how to trade in a certain market, placing buy or sell orders, and they generally ignore the great detail of what goes on in our minds when we are subjected to what trading in any market entails.

Yes, Cryptography projects are really booming, you hear more and more about it, and you have to incorporate it little by little, study the projects well, to know what you are going to get into. Thank you very much for responding, and for publishing in Project Hope Community