Quote from: Mpamaegbu on May 13, 2024, 08:48:05 AM

Quote from: Bravut on February 13, 2024, 09:02:21 AM

Does Psychology exist or is just an illusion of you not having the right approach and risk management, fundamentals...that affect your trades

Those who don't believe in trading psychology are the same with those who think they can trade without Stop Loss (SL) It's an important aspect of trading.

In short, if you don't have brain to analyze and uncapable to have emotion while trading, then psychology would probably be illusion for you. Because guess what? Emotion is everywhere in trading especially in crypto market. Every spike in volatility going higher or lower is just emotions and convictions of people trying to buy at low price and sell at higher price. The way you are thinking is fact that Psychology is real. In trading where it's a battle of metal resilience, it is important hat you have a strong sense of psychology in terms of winning and losing.