profit

In search of individualism

Greed and fear move the market. The masses of bidders follow each other to their fate.. That's a fact.. If it wasn't true, successful traders could not earn colossal profits, using herd instincts. If you are a trader, you have to make a fundamental decision for yourself: will you follow the crowd or go your own way? Walking against crowds is not easy. Every person has a property but a desire to adapt, to follow the crowd. Following a crowd usually gives us a sense of security., like fish, who float in schools to protect each other. For old people, their age gives a sense of security..

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.

Risk predisposition

What kind of job would you like more: and, on which they pay a stable small salary or that, not to which the salary is high, but unstable? The answer to this question will allow you to determine your preferences and risk tolerance.. Most practicing short-term traders would like to give up security and stability in favor of higher wages.. Compared to conventional professions, short-term trading is very risky.. In this way, if you don't learn to tolerate risk, you will feel too much excitement and anxiety when trading.

Trader's trading styles

To make good money trading on the stock exchange, you need, so that your trading style matches your personal character as much as possible, circumstances, Experience. If a trader has a penchant for one style of trading, then his results in a different style will be much worse, up to negative. It's like working in a position you don't like.. Therefore, it is so important for a novice trader to know his niche in the market and act in his “own style”. Then synergy will work, and trade efficiency will go uphill. WHICH STYLE OF TRADING TO CHOOSE?

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