emotions

Three myths about the psychology of trading

Brett N. Steenberger – Ph.D. and Professor of Psychiatry at the Medical University of Syracuse, PCS. New York. He is also an active trader and writes articles on market psychology.. book author «Psychology of trading» 2003G., Dr. Steenberger has published over 50 articles on short-term approaches to changing trader behavior.
«My job as a market psychologist allowed me to see those factors, That […]

How to control the situation in the market?

The need for control is the most important psychological aspect of profitable trading. Traders try to control the market, but, eventually, pony mayut, that they must accept their fate and establish control not over the market, but over emotions. When your money is at stake, it's hard to stay calm, diet and complete control of yourself. Do you want to win, so you have a strong desire, so that the price goes according to your predictions, however, you can almost never be sure of the outcome of a deal. A person has a desire to completely control his own destiny., however this is not possible. Instead, the trader must come to terms with the, that the market will go there, where will he go, and try to control your impulses and emotions, instead of, to play impulsively against the market with feelings of anger and frustration.

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