Post
Topic
Board Trading Discussion
Re: why many traders(including me) not getting success
by
pant-79
on 06/05/2019, 18:38:37 UTC
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
The main reason for this is that we are all human. And most people tend to do the same. Therefore, there is such a science as psychology. Psychology explains well why most people do the same in similar situations. We are all subject to certain emotions that prevent us from becoming successful. For example, fear, greed, impatience (what you are talking about). Many emotions come from our limbic system. That is, these are basic emotions that arise when a person is in a certain situation. But in addition to the limbic system, modern people have the cerebral cortex, so we can try to control all emotions. And when a person learns self-control, it will bring him to a new level in trading. Just don't need to think like the majority. Always try to think like a whale!