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?

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Stock Day Trading Psychology < Winning the Stock Market Strategy Game

Beginner traders often fantasize or wonder about how some people are able to achieve tremendous profits by trading stocks just a few hours on a daily or weekly basis.

So going farther than the hype & the bells and whistles that a lot of the called “trading gurus” like to invoke, the real “secrets” of the stock market game are enclosed within the trading set ups and market signals you rely on to decide how to CHOOSE stocks, as well as WHEN to BUY & when to SELL them, or even when to SHORT SELL those that are poised for a profitable fall.

So the clearer your set ups are, the faster you can spot a potentially profitable trading scenario and ACT ON IT reducing your risk.

» Read more: Stock Day Trading Psychology < Winning the Stock Market Strategy Game

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The Psychology of the Abuser

According to the National Coalition Against Domestic Violence, domestic violence is the willful intimidation, assault, battery, sexual assault, and/or other abusive behavior perpetrated by an intimate partner against another. It is an epidemic affecting individuals in every community, regardless of age, economic status, race, religion, nationality or educational background. Violence against an intimate is often accompanied by emotionally abusive and controlling behavior, and thus is part of a systematic pattern of dominance and control. Domestic violence results in physical injury, psychological trauma, and sometimes death. The consequences of domestic violence can cross generations and truly last a lifetime!

The first homicide ever recorded was in the book of Genesis found in the story of Able and Cain. The senseless murder was a tragic account of human destruction, where one innocent life was wasted at the hands of a violent and misdirected young man. How to often that same scenario is played out over and over again, in our homes, neighborhoods and cities. Of course jealousy was the motive behind this particular incident; however the mentality of those who abuse is far more complex than one single emotion.

» Read more: The Psychology of the Abuser

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