Sentences with phrase «as trader psychology»

Well, it will vary from trader to trader / person to person, but, you should have attained a solid understanding of price action and how to read it and trade, as well as trader psychology and money management before you start trading live.

Well, it will vary from trader to trader / person to person, but, you should have attained a solid understanding of price action and how to read it and trade, as well as trader psychology and money management before you start trading live.

Not exact matches

If you want to learn how to read the «graphic representation» of human psychology on the charts as mentioned by Al Weiss in his quote above, as well as more about the principles discussed today, checkout my price action trading course and traders community.

This could be due to the fact that most technical traders, such as day traders and swing traders, tend to be more mathematically oriented, and therefore less interested in «soft» subjects such as psychology.

Trading psychology falls into the same boat as money management for many traders, that boat is the «I'll do it later, after I start making some money in the market» boat.

I guess it will depend on individual trader psychology, the market situation, as well as a given setup.

Very good article and you should write more of these, as the psychology and discipline of trading is what really makes or breakes a trader, in my experience.

Being aware of a security's volatility is important for every trader, as different levels of volatility are better suited to certain strategies and psychologies.

Such as market structure, psychology of traders, etc..