Share Market - Trading Psychology - Greed and Fear
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RUPEEDESK - SHARE MARKET TRAINING
Whatsapp Number : 91-9094047040 / 91-9841986753
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Trading Psychology – The importance of the right mindset, discipline and winning attitude while trading
Trading psychology is about the big emotions, the big mental battles that every trader goes through. These emotions often are the reason why many traders who are starting off will grab the first bit of profit they see and refuse to take a loss. Traders with that behavior often will experience failure, rather sooner than later. The internal battles with yourself in order to become a profitable trader are going to be a lot more important for your trading career than what’s actually happening on the screen.
Trading psychology refers to the emotions and mental state that help to dictate success or failure in trading securities. ... While fear and greed are the two most commonly known emotions associated with trading psychology, other emotions that drive trading behavior are hope and regret.
