The Psychology Of Trading

Title:
The Psychology Of Trading
Word Count:
683

Summary:
Many of today´s highly successful traders will tell you that the general key to success in tra

Keywords:
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Article Body:
Many of today´s highly successful traders will tell you that the general key to success in tra

Trading psychology tells us that when a trader loses he begins to become somewhat of a perfect

Because the art of trading in an unpredictable market fluctuates so greatly from one day to th

You do have the ability to control the difference between good and bad days. You are able to c

Trading psychology experts tell us that it is important to become realistic in trading instead


Experts in trading psychology have organized three basic strategies you can use to effectively
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Price Based
Time Based
Indicator Based

Stops that are priced based are generally used when the other two have not functioned. To make
Time Based stops constitutes making use of your time. Designate a holding period you allow to

The Indicator based stop makes use of market indicators. As a trader, you should be aware of t

Experts in trading psychology say that setting stops and rehearsing them mentally is a good ps

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