Trading Psychology — Beyond Technical Analysis — Education — TradingView (2024)

DAY TRADING WHILE HOLDING A 9-5 JOB

EURUSD

, 240Education

FOREXN1

DAY TRADING WHILE HOLDING A 9-5 JOB Embarking on the exciting journey of day trading while managing the demands of a full-time job is indeed a challenging yet achievable endeavor. Thanks to the rise of user-friendly mobile applications offered by trading platforms, individuals now have the power to execute trades seamlessly from various locations. This creates...

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Trading Psychology

Trading psychology refers to the state of mind of traders when they are active in the financial markets and how this affects their trading decisions. This psychological side of trading is often overlooked. A sound state of mind means a trader executes his plan consistently, is mindful of the risks involved, is not hindered by emotions, takes equal responsibility for wins and losses and is realistic about trading in general. Bad trading psychology is one of the top reasons traders fail.

Signs of good psychology include not being emotionally attached to individual trades, not being affected by performance anxiety, focussing on results over a larger number of trades and not putting up positions that are too big to handle. Good psychological traders do not engage in revenge trading, do not second guess trades, and focus on self-improvement without sabotaging their results. They are honest about wins and losses, hold themselves accountable and understand how to deal with fear and greed. Both can be destructive emotions and several techniques exist to control them.

Possible Pneumonia Stocks - signs of potential breakout

EBS

, 1DEducation

day0Updated

Possible Pneumonia Stocks - signs of potential breakout Emergent Biosolutions (EBS) : EBS is a clinical-stage biotechnology company developing a novel vaccine for pneumonia. The company's stock has been undervalued for some time, but it is starting to show signs of a breakout . The stock is up over 20% in the past month , and it is trading above its...

14

2

How to Become a Professional Trader!

XAUUSD

, 240Education

shaw42

The Triad of Successful Trading: Strategies, Psychology, and Risk Management.Introduction:In the dynamic world of trading, achieving success is a multifaceted challenge that requires a comprehensive approach. While many enthusiasts focus primarily on trading strategies, it is crucial to recognize that a holistic approach, incorporating trading psychology and...

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Navigating Moving Averages: Decoding Simple vs. Exponential 📊📈

EURUSD

, 3DEducation

ProSignalsFx

Moving averages (MA) serve as foundational tools in technical analysis, offering insights into market trends and potential entry/exit points. This article delves into the comparison between two primary types: Simple Moving Averages (SMA) and Exponential Moving Averages (EMA), providing traders with a comprehensive understanding of their differences,...

10

2

BTCUSD

, 1DEducation

EliteTradingSignals

Confirmation bias is a common psychological phenomenon that can significantly impact trading decisions. This article delves into the depths of confirmation bias in trading, unraveling its influence, implications, and strategies to mitigate its effects. Understanding Confirmation Bias Confirmation bias occurs when traders favor information that confirms...

5

1

10 LESSONS EVERY TRADER SHOULD LEARN!

EURUSD

, 60Education

FOREXN1

Embarking on the thrilling journey of trading? Gear up with these invaluable lessons to empower your trading expertise: 1. Knowledge Empowers: Embark on your trading journey equipped with knowledge as your most powerful weapon. Delve deep into the intricacies of the markets, understanding their nuances with precision. Grasp the ever-changing trends, and...

13

3

The ONLY Way to Become a Successful Trader

EURUSD

, 60Education

VasilyTrader

Hey traders,Like any discipline, consistently profitable trading requires many years of practice.In this post, we will discuss the only proven way to become successful in trading.🔰First, let's start with the axiom: there are no inborn traders, trading is a skill, a skill that can be learned. Though talent may help you in some manner it does not guarantee...

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7

5 TIPS FOR SMALL ACCOUNTS

BTCUSD

, 1MEducation

ArShevelevUpdated

Hey! When we start trading we want to make a lot of money and became millionaires by the end of month. This awesome motivation could be cut off easily without following simple plan and strategy. When I started trading I entered only with 100$ account and loose it all within a month. I didn’t payed attention to my personal financial plan and rules, which cost me a...

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80

What is the secret of success? 🌴 Being Wrong is OKAY!

ETHUSD

, 1MEducation

ArShevelevUpdated

Here is the 5 TIPS TO DO with your mistakes: 1. Acknowledge Your Errors So often, we say things like, “It’s unfortunate, but market goes opposite me” or "SEC lawsuit crashed prices, so I lose" But blaming other people or minimizing your responsibility isn’t helpful to anyone.Before you can learn from your mistakes, you have to accept full responsibility for...

Discover The Main Difference Between Scalping, Day, Swing TRADES

EURUSD

, 120Education

VasilyTrader

How long to hold your trading position?Everything depends on your trading style.In this post we will discuss the preferable holding period for your trading positions.First, Let's define 4 main trading styles:Scalper, intraday trader, swing trader and investor.One of the core differences between these styles is the time horizon of their predictions of a...

25

2

5 RULES DISCIPLINED TRADERS FOLLOW 👨‍🎓

BTCUSD

, 1MEducation

ArShevelevUpdated

Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it! But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go! 1️⃣ Follow Financial Plan, Do Not Go All In A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for...

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9

Navigating the Rocky Road: The Hard Trade Journey 🌄💼

BTCUSD

, 1DEducation

EliteTradingSignals

The path to success in trading is not always a smooth one. For many, it's a hard-fought journey filled with challenges, setbacks, and invaluable lessons. In this comprehensive exploration, we delve into the trials and triumphs of traders who have faced adversity and emerged wiser and stronger. Learn from their experiences, find inspiration in their stories, and...

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7

Trading Commandments: The Decalogue for Success 📈🔟💼

XAUUSD

, 1DEducation

UnitedSignals

In the world of trading, there are timeless principles that serve as guiding beacons for traders, both novice and seasoned. These commandments are the keys to unlocking success, managing risk, and navigating the financial markets. In this comprehensive guide, we unveil the "10 Trading Commandments," each accompanied by real-world examples to reinforce their...

42

9

Learning from Mistakes: The Path to Trading Mastery 📈📚🛠

BTCUSD

, 1DEducation

EliteTradingSignals

Mistakes are an inevitable part of a trader's journey. What sets successful traders apart is their ability to not only acknowledge these mistakes but also to study and learn from them. In this comprehensive guide, we'll explore the art of dissecting your trading mistakes, understanding their origins, and using them as stepping stones towards trading mastery....

14

5

Unmasking the FOMO Effect in Trading 📈💼

EURUSD

, 3DEducation

ProSignalsFx

Fear of missing out, or FOMO, is a psychological phenomenon that has infiltrated the world of trading, leaving traders susceptible to impulsive decisions and emotional turbulence. In this comprehensive exploration, we delve into the FOMO effect, dissecting its origins, manifestations, and the impact it has on traders. Join us on this investigative journey into...

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6

The Trader's Odyssey: Navigating the Financial Seas 🌊💼📈

XAUUSD

, 60Education

TopTradingSignals

The journey of a trader is a dynamic and often challenging expedition through the world of finance. This comprehensive guide embarks on the trader's odyssey, shedding light on the trials, triumphs, and key waypoints that define the path to success. Join us as we navigate the intricate journey of a trader, enriched with real-world examples and insights to help...

24

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Deciphering DXY: The Dollar Index Explained 💵📊

BTCUSD

, 3DEducation

UnitedSignals

The world of forex and global finance is filled with acronyms and indices that influence markets daily. One of the most critical and widely tracked indices is DXY, which represents the U.S. Dollar Index. In this comprehensive guide, we'll dive into what DXY is, why it matters to traders and investors, and how it can impact your financial decisions. By the end,...

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Risk Management vs. Time Management

BTCUSD

, 1MEducation

ArShevelevUpdated

Hey! Have you been spending day thinking about mistakes you made and things you didn't do? Investors are knowingly comparing an exchanges to a casino. A gambler, losing, does not get up from the gambling table in the hope of winning back. He believes that the likelihood of winning increases with every lost bet. This phenomenon, called player mistake, is common...

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Trading Psychology — Beyond Technical Analysis — Education — TradingView (2024)
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