Psychological Trading

[samuel23 10]

When it comes to trading, one of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months and even years trying to find the right system. But having a system is just part of the game. Don't get us wrong, it is very important to have a system that perfectly suits the trader, but it is as important as having a money management plan, or to understand all psychology barriers that may affect the trader decisions and other issues. In order to succeed in this business, there must be equilibrium between all important aspects of trading.

[TheNegotiator 13]

I think one of the most neglected areas of trading is the professionalism to plan, prepare and focus on trading. Psychological issues I would agree need to be dealt with and not ignored however, they are much more likely to impact upon performance when there is ambiguity about what the trader is trying to achieve.

[Obsidian 10]

if you cant trade a strategy because dont trust it, that means you need to change your system, not your brain

[samuel23 10]

I think one of the most neglected areas of trading is the professionalism to plan, prepare and focus on trading. Psychological issues I would agree need to be dealt with and not ignored however, they are much more likely to impact upon performance when there is ambiguity about what the trader is trying to achieve.

 

Ya that true as trading demands plan, strategies and also concentration. We should know that it is not an easy market and it really needs load of hardwork to achieve success.