TRADING PSYCHOLOGY
It’s not just about numbers; it’s also about your mind.
This module covers how feelings like fear and greed can influence decisions in trading.
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Prerequisites : Basic understanding of financial markets.
The Mindset of a Trader
Trading in financial markets isn’t just about buying and selling things; it’s also about understanding how our minds work. Successful traders know that feelings, biases, and how we….
Importance of Trading Psychology
In the quick-moving world of financial markets, where you can make or lose money very quickly, trading psychology quietly plays a big role in deciding how manual traders fare. While learning….
Loss Aversion Bias in Trading
Trading in financial markets is a high-stakes endeavor where traders seek to maximize profits while minimizing losses. However, human psychology often complicates this pursuit….
Endowment Effect in Trading
In the last article, we discussed the loss aversion bias that impacts our trading decisions. In this article, we’ll explore another bias known as the endowment effect and its impact on trading, along with….
Status Quo Bias in Trading
In our past discussions, we’ve uncovered how human biases, like loss aversion and the endowment effect, deeply influence trading decisions. Now, let’s turn our attention to another crucial….
Anchoring Effect in Trading
A psychological phenomenon that significantly influences trading decisions is the anchoring effect. Anchoring refers to the tendency of individuals to rely too heavily on the first piece of information….
Confirmation Bias in Trading
Trading in financial markets is an area where making smart choices and analyzing things carefully are super important. But, people’s minds often fall for biases that can mess up their decisions and….
Emotions, Genetics and Instincts
Trading, the art of buying and selling financial assets, is not merely a game of numbers and charts; it’s a battleground of emotions. In the world of trading, emotions can be both….
How to Control Emotions in Trading?
Trading in financial markets is not merely about analyzing charts and numbers; it’s equally about managing emotions. Emotions such as fear, greed, excitement, and frustration often cloud….
What is a Trading Journal?
Trading in financial markets involves analyzing, planning, and understanding our thoughts and feelings. With so much to consider, traders often look for help to navigate the ups and downs….