|

Market psychology –Trade without fear [Video]

Market psychology is the most important aspect of trading. An individual must be mentally prepared so that to be able to enter the market with confidence and trade without fear. A trader should also know how to trade based on a specific set of criteria that will enable him/her to know how to react to different scenarios that may occur. 

Topics

Understand how most traders think and act.
Understand how a disciplined trader should think and act.
Understand how to trade without fear.
Present a set of rules to define a trading plan.
Present the process of preparing yourself when different scenarios occur.
Understand why we should think in probabilities.
Understand how to prepare your day for trading.
Present mental and practical exercises to progress to the next Level.
Present the fear and the happiness  zones.

Author

Marios Athinodorou

Marios Athinodorou

Independent Analyst

Marios Athinodorou is a seasoned Market Analyst and Trading Tutor. With a passion for financial markets, Marios started his journey in Forex trading in 2012.

More from Marios Athinodorou
Share:

Editor's Picks

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum (ETH) has reached a key milestone in its next major network upgrade. The planned changes aim to improve Ethereum’s Layer 1 capacity and efficiency as network activity grows. The development comes as ETH retreats toward $2,500.

Bitcoin Weekly Forecast: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple (XRP) trades largely in bearish hands on Friday near $1.40. Although the remittance token has stabilized after a sharp sell-off from weekly highs of $1.53 to lows around $1.32, the path of least resistance remains downward, unless buyers affirm a daily close above the pivotal $1.40 level.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.