Psychology

The volatility of the market makes it more exciting to traders, which can be a trap because of greed takeover. Some traders fall victim to making one or several of the following mistakes. Read the rest of our blog and try to avoid these…

A lot of people decide to start trading because they think it is an easy and quick way to earn money. They treat trading as a game, falling victim to the so-called gambling psychology. In this article, we’ll learn what gambling psychology…

Have you ever wondered how the colors on the chart affect your trading? Color has a powerful effect on our psychology and emotional state. The psychological effect of color is based on the physiology of the nervous system that takes in…

How do you feel about financial markets – do you think they will rise or fall in the future? The answer to this question depends on how emotionally you feel about this topic. Financial markets are driven by emotions and this is one of…

Profiting on Olymp Trade or another online trading platform is not only about finding the right strategy. It has much to do with psychology and self-discipline. An ambitious trader should be aware of his or her strong and weak points and…

EMOTIONAL INTELLIGENCE IN WORK Emotions always outweigh knowledge. You may have extensive knowledge of trading, but this wisdom may not be worth a dime if you are not able to manage your emotions to overcome your insecurities. This is…

For many of us who currently work in the Forex business, the word “risk” has become simply a term we’ve learn to live with on daily basis. But for many others, risk is a synonym of fear, especially when it comes to money issues. That is…

After learning more about the world of trading and getting real money from your trades, you might start thinking about becoming a professional trader. But what makes a professional trader? Well, professional traders obviously make trading…

All traders are different, but mistakes of psychological nature do not depend on gender or geographical factor. This allows us to highlight several of the most common problems and describe them in detail. The trading strategy assumes work…

Dozens of books from classics and trading gurus have been read. Techniques of technical and fundamental analysis are mastered. There is an understanding of the market, experience and practice, but financial results remain unsatisfactory.…