I am seeking the opinion of the experienced and voicing my opinion.
I think if a training is 100% for learning, 1% of it is technical analysis and the rest 99% is psychological games..Because I have been learning and trading technical analysis for a long time but mostly I lose. I am still learning after that. I've noticed lately that big investors can handle trading as they please. Because they have a lot of funds, if they take a small amount, they take big trades and destroy it. In which case technical analysis is not enough. And I think psychological analysis plays a big role along with technical analysis.
But I don't have any psychological knowledge about trading. Looking for expert opinion on psychological mind set.
I think the psychological mind set actually shapes who you are In the trading market. There are many great technical analysts there they can predict the market from chart very well but to have that psychology to stay in the market is a problem. A clear example is people that do easily come out of their winning trades just because they are afraid to allow the trade to run and later they regret it because the trade yields a good return. Another people suffering for psychological problems is traders that easily close a losing position easily most of this trade bounce back and goes their way.
The best way to handle your psychology is to trade with an amount you feel you can lose. Using this will allow you to stay without panic as this is the reason why most close there trades. Calculate your position well to check how much you’re going to lose when your trade hits stop loss and then see if you can afford to lose that or change the size. As you progress your psychology will improve with little wins and smaller losses