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.
Technical Analysis works.
Technical Analysis has to do with the strategy you use to trade, you losing means your Analysis isn't right or your approach to the market is wrong.
Trading isn't all about Technical Analysis but every move in the market revolves around it, Psychology has to do with our emotions (Fear,greed,FOMO) all this affect us as traders, what we need do is to balance it because it can't be eliminated.
Psychology doesn't exist without an edge, if a trader has a working strategy and uses proper risk management even he loses a trader, his mental health will still be balanced but when you are not inclined technically, practising poor risk management, that trader will surely blow his account.
In essence before talking about Psychology, make sure you have the right approach to the market.
If that's not the case is just trying to be mentally fit after failing exam on a subject you know nothing about, if the reverse is the case you won't fail, even if you fail you will know your errors and surely bounce back in another one so is Psychology without Good Technical Analysis.
Good technicals,proper risk management, psychology makes a good trader.