Psychology – An Often Overlooked Aspect of Forex Trading

It may not seem immediately obvious when you first starting trading forex, but psychology plays an enormous part in determining whether or not you will ultimately make it as a profitable forex trader. If you can control your psychological feelings and emotions, then you have won half the battle.

Of course you also need to find and apply a profitable trading system, but if you can do that and are disciplined enough, then you can make substantial profits from trading. So what do we actually mean by psychology, and what part does it play in a forex trader’s everyday life?

» Read more: Psychology – An Often Overlooked Aspect of Forex Trading

Related posts

The Psychology of Desire

On the three different types of desire and the need for progeny, power and purpose

Desire is a very intriguing subject to poets, philosophers, psychologists and to every inquisitive human. Desire is shaped by several factors which could have physiological and endocrinal explanations, psychoanalytic, sociological and philosophical explanations. Desire is a fundamental force of human existence and the primary manifestation of sexual energy and is present in all human beings without which survival would be meaningless. Although desire can have negative connotations with societal pressures on controlling desire, desire is largely positive and constructive although aggressive impulses lead to destructive desires as well.

Desire is the root of all human activity from creative pursuits to business pursuits and we are all motivated by one form of desire or another and these may be a desire for fame, desire for benevolence, desire for money, desire for admiration and popularity or even desire for power. Of course this is not an exhaustive list of desires and the range of desires could vary according to the range of human emotions and experiences. The manifestation of desire could be largely restricted by society and there is a huge difference on how society perceives desire in men and women. Society still remains hypocritical as far as sexual desire is concerned and sex or sexual desire is not talked about freely. In fact negative perceptions about sex are rather widespread in which men are considered as sexual predators and women are the victims. At best sexual desire in men is still accepted although sex desire in women is still perceived with certain skepticism. This would not be the right kind of perception as both men and women should have a healthy sexual drive and negative perceptions in society are detrimental to one’s moral and sexual development.

» Read more: The Psychology of Desire

Related posts

5 Most Influential Psychologists in History

Great Psychologists have always had the power to radically change how human beings saw the workings of their own minds. These are the great thinkers of our age who have revolutionized the way we see ourselves, and have caused a great change in the way we understand others.

When we think of Psychology, we remember many great people who have changed the way in which we see ourselves, and how we see other people around us. Many influential psychologists have made it simpler for us to understand the common patterns of behavior, for example, and have helped us make our lives better via the knowledge of the human mind and its intricacies. Today, we will look at the top 5 psychologists who have been influential in causing this change in perception.

» Read more: 5 Most Influential Psychologists in History

Related posts