This article will summarize the common trading psychology lessons that any trader needs to equip.


1. Boldly enter the order
Before entering the order, the trader needs to analyze, we need to anticipate all the bad to good situations that may occur next. But one thing is for sure, traders do not count on the market. There will be situations where you will certainly not be expecting, so it's best to discipline yourself and give yourself a good plan and then to order without thinking too much.

2. Do not look to perfection
Patient waiting for good opportunity is one of the elements of successful trader. But the chances, albeit good, can not guarantee a definite victory. Market uncertainty, always probability and risk. So do not go for perfection, but focus on the rules on the command.

3.Avoid personal prejudices
One of the most common psychological factors in young traitors. They usually do not focus on the chart, but just speculate. The information on the chart is the most accurate, analyze based on them, do not attempt to label a certain stereotype of yourself into the market, it does not help you, but only create a burden and mental pressure.

4. Accept losses
It is difficult to do this, including skilled traders. Accepting losses is one of the top factors to turn you into a profitable trader. Fighting back losses simply makes you lose more.

5. Do not worry too much about statistics
Sometimes, looking at trading or diary results, you will see negative numbers, which can be a negative result, or a long series of losses, so tired of seeing the numbers. no Trading is a long-term game, think about the future, have a long-term vision, you are investing yourself, not throwing money into casinos, so those numbers are only a very short part. Trading distance ahead.