Why is there no psychology section on forex factory ?
It is possible 99% of traders lose , internet evidence shows 95 % of traders lose.It maybe as much as 99 % lose due to psychology.
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. If the trader's brain command center shuts down in a stress response , all the technical stuff is useless and worthless. The mind of the trader controls his success.
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 Or you might go the other way and feel lethargic, low, or withdrawn.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.
Traders lose because they are not psychologically prepared to lose. In effect, they are not able to accept the loss of money over something in which they have no control of the outcome.
“Patience׃ The Professional's Edge“ by Dr Andrew Menaker
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.
Humans are sucked into emotional trading , our automatic faster subconscious mind using our amygdala , automatically blocks our rational brain and hijacks us into destructive behavioral pattern in live trading.
Amygdala Hijack & Emotional Intelligence
The Amygdala Hijack in Action!
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. Traders are humans and humans have emotions , this movie was very popular because of it's drama portraying emotions .Emotions of anger , frustrations , desire , greed , loss , chaos , silliness ,happiness , overconfidence, loss of control and sabotage and impatience etc .Observe the emotions in the movie , and learn mindfulness .
The movie is very relevant to traders and ironic to trading , gambling cigarettes , loss of cigarettes and wanting to get their losses back .In trading we try to get our losses back all the time.
You can also go to youtube , by searching on google , with any word from the following words below example is , I want to find
trading emotions , and youtube comes up with the following video.
Learn why I think trading psychology is worth 95% to the overall success of your trading. Find out if you fall in the average trader category and why you make poor trading decision that is holding you back.
About Emotions
There are 8 primary emotions. You are born with these emotions wired
into your brain. That wiring causes your body to react in certain ways
and for you to have certain urges when the emotion arises.
Here is a list of primary emotions:
Eight Primary Emotions
Anger: fury, outrage, wrath, irritability, hostility, resentment and violence.
Sadness: grief, sorrow, gloom, melancholy, despair, loneliness, and depression.
Fear: anxiety, apprehension, nervousness, dread, fright, and panic.
99 % of traders will actually lose money due to their mindsets
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.
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.
