Post
Topic
Board Trading Discussion
Re: Bad Psychology of Traders
by
slyfox
on 12/08/2018, 02:41:34 UTC
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Because many people have the wrong idea of what trading is about, while it is obvious that this is about earning money at the same time they think they need to make very risky trades in order to make money, but in fact the first thing you learn in a book about trading is that you need to make very safe trades, your first goal as a trader is just to survive the market since most people lose all their money in just 6 months, if you can do that then you are ready to get profits, but people want to get profits from day one and that is impossible.