Trading is a highly stressful mental sport.
forex factory psychology hiding the truth
Psychology is 100% of trading success. This is because the human with a mind is going to execute the trades and a trader’s brain command center makes all the trading decisions.The brain’s command center can shut down due to stress responses , in the middle of a trade. Emotions can override rational trading rules, systems and methods taught by educators.
Your subconscious mind will take over your trading ,during live trading , it will act like a autopilot with conscious awareness , blocking your rational brain and rational trading decisions , to protect you and your account from a loss .
Any stress physical or mental is likely to affect your body the same way. Perhaps it is a stressful work environment.If you are sitting in front of a computer screen watching price go down and account value erode, perceived threats are still there. Once your fight or flight response hits, you won’t always behave logically and rationally.
Is trading stressful? The simple answer to this, is yes trading can be stressful but it doesn’t have to be. Learn how to manage your stress levels with the right knowledge and tools and you will drastically improve your trading.
What are the early signs of stress?
Stress can affect you both physically, emotionally, and mentally. Physically, you might have troubles sleeping, a change in your eating patterns, muscle tension and repetitive colds and flus, head and backaches, digestive problems, and more. Emotionally, look for marked differences in how you would normally feel and act. You might suddenly be more volatile and restless. Or you might go the other way and feel lethargic, low, or withdrawn. And mentally, look out for forgetfulness and an inability to concentrate.
08 Physiology of Stress
Your Brain on Stress and Anxiety
Stress, Portrait of a Killer - Full Documentary (2008)
If traders don't understand the mind ,how it works subconsciously in trading , the traders can not have any plans for the 90% risk of under performance due to psychology.It is with the mind where traders lose in trading due to emotions ,stress , need to be right , subconscious emotional executions ,mind traps , automatic mind in trading , beliefs in trading , subconscious errors , brain command center shutdown during trading , brain freezing in trade executions ,the power the thought , negative wiring of human brain and it's performance in trading ,meditation , unreality reading of the real market conditions,cognitive biases in trading decisions , mental traps , benefits of patience and disadvantages of impatient traders , impulsive , self sabotage in trading executions , stress responses , amygdala hijackings ,personality , ego and other psyche characteristics.