Quote from: Mame89 on Today at 02:24:44 PM

Quote from: Pressurizedem on June 22, 2024, 06:24:11 AM

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

Actually, all your statements are more about psychology. Often what we fight is not the market, but ourselves. Therefore, the most expensive skill in trading is not strategy or being good at analyzing, but managing emotions and ego is much more important. And I really respect those who have realized this part.

Because believe me, pressure, fear, and doubt always come to every trader. Not everyone has the courage to buy when the price goes down. Except for those who already understand market conditions and can control their emotions. But when you have bought and lost, you don't dare to sell. When you have bought and made a profit, you don't dare to take profit because you want more, this often happens to greedy traders. But when you lose again, the desire to sell is even greater. That is why all these feelings can be overcome if you have mastered psychology.

The greatest enemy would be yourself on which this is indeed true. I do believe when it comes into trading or lets have those common sayings that 10% is strategy and 90% will be your psychology/emotion on which this is indeed definitely true i should say. Dealing up with volatile space is never been simple on which once that your mind and emotion will be having that kind of mixing up your thoughts and impressions then you cant be able to trade up well just because you will be having those hesitation or having doubts in regarding on making up a position. Therefore, you do need up to hone up this skills for you to be able to find yourself that effective in towards this market. The pressure, fear and indecisiveness is just that normal but on the time that you do able to find yourself gaining up that sufficient experience then you do able to handle yourself and be able sustain out or lessening those factors that mentioned earlier that do affect your decision making because of that being affected with it. Just like on what been said that on the moment that you had gained through those things then you do able to gradually have that good grasps towards this volatile space. It is just that there are people who are just that too impatient on which it causes up for them to easily give up once they do experience a few errors or mistakes or losing up money then they do turned their back and never looks back. There are just that those situations on which you do sees out that there's no chance for you to be able to have such progress because no matter what you do still ended up on a losing money. There are things on which that arent meant for us no matter how hard we do but there are those individuals who do quit up easily just because they were that anticipating for some easy success and only just that a short time on which we know that this cant be possible.