Friday, October 19

Trading Your Emotions: How to Cope with Psychological Pressures

Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent basis.
If you have ever interacted with  Successful traders he would say  that psychology and emotions are 80% of the battle.
Do not overestimate your ability to be unaffected by emotion.
Real Life vs. the Trading Terminal
Have you ever imagined why doctors,engineers, and maths graduate who are quiet strong in analytical skills  have burnt hands in trading ?
The pressure and stress you’ll face...

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