How to effectively find the entry point?
How to explain leverage in the forex market?
How Do You Handle Fear and Greed in Your Trading?
I've been learning about trading psychology, and it's clear that emotions like fear and greed can seriously impact our trading decisions. I'd like to hear from fellow traders about how you deal with these emotions when you're in the midst of trading. What strategies or techniques do you use to keep fear and greed in check and make more rational trading decisions? Your insights and experiences could be a great help to all of us looking to improve our trading psychology. Share your wisdom!
Why can you see the general direction right, but make a bad point in the transaction, and lose money instead?
How do you maintain your concentration while trading?
How do you maintain your concentration while trading? How do you avoid getting bored or experiencing burnout from constantly monitoring the charts, all while staying attentive to your trading activities?In my case, the struggle arises from excessive chart-watching, leading to boredom during quiet market moments or fatigue from over-attentiveness. There are times when the perfect trading setup emerges, but I'm either too tired or not mentally prepared to take action.Do any of you engage in activities like watching TV or listening to music to help? Any advice to share?