I'm not a robot

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I'm not a robot

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I very often hear: “Yes, I have little experience, so it doesn’t work out,” “I make mistakes, because I don’t know much,” “Right now I’ll take another course and I’ll definitely succeed.” Yes, this can also be, but What if it's not your trading and it's time to pay attention to your psychology? Determining that a trader is having problems in trading due to psychology can sometimes be difficult, since mistakes can be both technical and caused by emotional factors. This is especially true difficult for beginners. Difficulties mainly arise because traders: • May not have enough experience to understand the influence of psychology on their trading decisions. And determine whether this is a technical error or a matter of psychology; • Often focused on studying strategies and the market, without paying due attention to their emotions and thoughts; • Some may deny the influence of psychology on their actions for fear of admitting their vulnerability or uncertainty ;•May begin to experience new sensations and reactions when trading;•Some are simply not aware of how their thoughts and emotions affect their trading decisions;•Do not recognize the influence of psychology on their trading. However, there are certain signs by which psychological problems in trading from simple trading mistakes. Main criteria that are worth paying attention to: 1. Constant repetition of the same type of mistakes: if a trader constantly makes the same mistakes, despite understanding their causes and ways to eliminate them, this may indicate problems in psychology.2. Inability to stick to a trading plan: A trader may have a great trading plan but fail to follow it due to stress, fear or greed. If he constantly deviates from his plan, this also indicates psychological problems.3. Frequent emotional reactions: If a trader reacts too emotionally to market fluctuations, loses control when making losses or gains, this may be a sign of psychological problems.4. Changing strategy due to emotions. hesitation: if a trader constantly changes his trading strategy due to fear of losses or greed for profits and his trading plan turns into chaos, this may also indicate problems in psychology. To understand that the problem is in psychology, and not in trading strategies or knowledge , it is important to be attentive to your emotions and behavior in the market. If a trader realizes that his actions are determined by emotions, fear or greed, this may be a signal to pay attention to the psychological aspect of trading and perhaps seek help from a specialist who can help understand this problem. You can also take a test for traders: “Do I need a psychologist?” Channel Trading Psychology

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