Trading Psychology

Popular Today
Popular Today
Popular All Time
Newest

Trading Psychology

Trading psychology refers to the state of mind of traders when they are active in the financial markets and how this affects their trading decisions. This psychological side of trading is often overlooked. A sound state of mind means a trader executes his plan consistently, is mindful of the risks involved, is not hindered by emotions, takes equal responsibility for wins and losses and is realistic about trading in general. Bad trading psychology is one of the top reasons traders fail.

Signs of good psychology include not being emotionally attached to individual trades, not being affected by performance anxiety, focussing on results over a larger number of trades and not putting up positions that are too big to handle. Good psychological traders do not engage in revenge trading, do not second guess trades, and focus on self-improvement without sabotaging their results. They are honest about wins and losses, hold themselves accountable and understand how to deal with fear and greed. Both can be destructive emotions and several techniques exist to control them.
Bravetotrade Bravetotrade TOP NIFTY, 60, Education
NIFTY: TRADE LIKE A DISCIPLINED TRADER
865 33 46
NIFTY, 60 Education
TRADE LIKE A DISCIPLINED TRADER

Hello traders, Although trading psychology is a vast subject and it is impossible to cover it in one slide yet I have tried to cover some of its most important aspects. Hit Like/Comment if you think this post can be useful. Trade Safe,Stay Healthy. Best Regards Bravetotrade

NeeteshJain NeeteshJain TOP RELCAPITAL, D, Education
RELCAPITAL: Educational 21: Importance of Closing Price
866 4 34
RELCAPITAL, D Education
Educational 21: Importance of Closing Price

In the above chart, I have a drawn a closing price resistance line in blue indicating a highest candle close on the chart, now the price action needs to close above that previous resistance to indicate further upside movement in the stock therefore we need to wait for the daily price closing in order to determine and confirm the further movement. In this chart, ...

vanathi vanathi TOP NIFTY, 60, Education
NIFTY: What makes a trader Special?
512 27 32
NIFTY, 60 Education
What makes a trader Special?

What makes a trader special? Is it money? fame? Discipline? When a person is successful in trading he will get money and fame. To be successful discipline is needed. And how to develop discipline? When a person is confused and stressed, he cant trade well. A calm mind brings stable mindset.And stable mindset brings discipline. A trader's mind will be calm when he ...

vanathi vanathi TOP CNXAUTO, W, Education
CNXAUTO: Trader's Queries - Trading Psychology Part 11
253 6 10
CNXAUTO, W Education
Trader's Queries - Trading Psychology Part 11

Query : "Will this stock go up? I have bought it at this price." Most of the days I get this question in different form. Answer : Not only newbie's, but also traders face this uncertainty. After buying or selling the stock they get anxious whether the price will move as per their expectation. Unless we learn to deal with uncertainty, we cant develop trading ...

vanathi vanathi TOP SYNGENE, D, Education
SYNGENE: How emotions move the price action!
370 4 30
SYNGENE, D Education
How emotions move the price action!

While seeing Syngene chart, I found the whole set of emotional movement. Most of the traders think why should we study trading psychology. Emotions moves the price and traders should be able to handle it to become successful in trading.

vanathi vanathi TOP NIFTY, 60, Education
NIFTY: Trader's Queries - Trading Psychology Part 10
212 4 10
NIFTY, 60 Education
Trader's Queries - Trading Psychology Part 10

Most people think analysing and planning the trade is important and tough. After getting experience as a trader we realise trading discipline is the most important thing which brings success/money to the trader. Discipline prevents a trader not to act because of greed and fear. It controls random and impulsive trades too. After few good trades, a trader develops ...

dravya dravya NIFTY, W, Education
NIFTY: DECISION FATIGUE & TRADING
376 12 30
NIFTY, W Education
DECISION FATIGUE & TRADING

Hi guys, today I am sharing a valuable concept which helps us trade better with efficiency. I promise your trading results will improve if you follow this. It is the concept of decision fatigue. So, let's see what we can learn from it : To put it simply, decision fatigue is when you get mentally tired from taking decisions. The more number/harder the ...

vanathi vanathi TOP NIFTY, 30, Education
NIFTY: Trader's Queries - Trading Psychology Part 9
367 23 14
NIFTY, 30 Education
Trader's Queries - Trading Psychology Part 9

Query : I learnt trading myself. Initially I got profit. I started to lose money when I increased my position size. What should I do now? Have you seen any one who learnt to drive car themselves? If you want to learn driving from whom you will learn? Not from race car drivers. Right? I interact with people who want to become traders. They all have this mindset 1. ...

vanathi vanathi TOP NIFTY, 15, Education
NIFTY: Trader's Queries - Trading Psychology Part 8
362 20 20
NIFTY, 15 Education
Trader's Queries - Trading Psychology Part 8

How many of us go to the movie for the first show on the release day itself? How many of us buy a new brand mobile when it comes to the market at once? When we develop a character based on impulsive actions, it creates a lot of reactions. On the other hand rich people wont jump in to the market when the price moves. They enter at the price which suits their ...

vanathi vanathi TOP BANKNIFTY, 60, Education
BANKNIFTY: Trader's Queries - Trading Psychology Part 6
251 12 17
BANKNIFTY, 60 Education
Trader's Queries - Trading Psychology Part 6

Lot of people are coming to trading field with the thought that we can make easy money. Making money is easy once you know how to make money. And to know how to make money is not an easy process. The decisions we take in our life defines our destiny. When a person decides to master the art of trading, next thing he have to do is to take action about how to learn ...

vanathi vanathi TOP NIFTY, 30, Education
NIFTY: Trader's Queries - Trading Pshychology - Part 5
317 11 16
NIFTY, 30 Education
Trader's Queries - Trading Pshychology - Part 5

Persistence in doing something without stopping the efforts despite the problems or delay in achieving success. How many of us try to become a better trader inspite of the difficulties? Learning about trading, finding the trading set up and training our mind to trade better need perseverance. Determination can move the mountains. I remember a story about the king ...

vanathi vanathi TOP NIFTY, 30, Education
NIFTY: Trader's Queries - Trading Psychology Part - 4
341 18 24
NIFTY, 30 Education
Trader's Queries - Trading Psychology Part - 4

We keep our home, working environment clean. And we keep ourselves clean. Do we clean our mind? Do we remove the dirts from it? Read the post to understand how it is related to trading as I am not talking about philosophy or health. Every thought comes in our mind forms a pattern. These patterns form as habits. And these habits define us. Similar way every trade ...

vanathi vanathi TOP NIFTY, 15, Education
NIFTY: How thoughts affect out trade?
327 30 18
NIFTY, 15 Education
How thoughts affect out trade?

Many people think trading depends on technical analysis. From my experience I can tell it needs planning, executing the plan and thought control. We all have trading plan. Lot of trading strategies are available in net and we can choose one as per our risk tolerance. The real challenge comes when the market opens. Ask/bid rate flashes infront of our eyes and at ...

bearishbull1968 bearishbull1968 TOP BANKBARODA, D, Education
BANKBARODA: TRADER AND TRADING PSYCHOLOGY
180 8 6
BANKBARODA, D Education
TRADER AND TRADING PSYCHOLOGY

1 Decide that you are in markets for long haul. that is you want to be a trader\investor even 20 years from now 2 learn as much as you can. read and listen to experts but keep a degree of healthy skepticism about everything ask questions and do not accept expects at their words 3 Do not get greedy and rush to trade take your time to learn, markets will be there ...

vanathi vanathi TOP CNXIT, D, Education
CNXIT: Trader's Queries : How to learn trading?
373 35 17
CNXIT, D Education
Trader's Queries : How to learn trading?

An important query from the traders to me is how to learn trading? Is there any course or books available? Courses I dont know. Books I can refer a few. Technical Analysis Explained by Martin Pring. A Complete guide to volume price analysis by Anna Coulling. Japanese candlestick charting techniques by Steve Nison. After reading these books, when reading the ideas ...

ashishchauhan ashishchauhan NIFTY, D, Education
NIFTY: 9 Smart Money Habits of Warren Buffett That We Should All Learn
231 6 19
NIFTY, D Education
9 Smart Money Habits of Warren Buffett That We Should All Learn

9 Smart Money Habits of Warren Buffett That We Should All Learn From How to be like Buffett How did the investor become the third-richest man on earth? With very a disciplined approach to money. Here's what we can all learn from the Oracle of Omaha. 1. Think like an entrepreneur Buffett filed his first tax return at 13. Even as a child, he was always looking ...

vanathi vanathi TOP CNXIT, D, Education
CNXIT: Common mistakes done by traders!
284 13 16
CNXIT, D Education
Common mistakes done by traders!

When some one enters to the trading field, they usually do this mistake. They plan for the trade and enter it as intraday trade. They don't respect the stoploss and think price will move according to their wish. Before the end of trading day they decide to change it to positional or investment. This is a wrong attitude as intraday, positional and investment ...

India
United States
United Kingdom
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out
Browse