10 The Psychology of Trading

In the prevailing trading 3M (Money Method Man) here they are :

1. Man = is our traders who must be prepared to accept any risk in the world of forex trading. Required psychological / emotional stability which in trading, cause little would be very great impact on trading results. Self-control is the key factor for victory in the trading.
2. Money = is the capital that must be managed / manage it well. Prevailing economic princip, minimum capital gain dg reply as fully as possible. These expenses must be taken into account, as well as trade principles generally buy goods at low prices and sell when the price of expensive items. Discipline in the conduct of financial management which have been prepared by which a mature calculation. Breaking little management has been created which can result in huge losses.
3. Method = is the strategy used to gain maximum profit. Use strategies to analyze / market survey. Strategies that are used to explore opportunities and auspicious moment for a big profit. Misread the odds and the moment will lead to losses and even bankruptcy. "Our enemies are the same, ignorance and poverty. Hopefully this country can move forward. Hopefully these traders will emerge in the future genius who could pass on his knowledge to the next without sell and buy it."
   

10 The Psychology of Trading that we need to apply them consistently.

1. The Market Pays You To Be Discipline. The more you discipline Cut Loss and disciplined manner and your strategy, then the market will value your with your give benefits. Determination of cut loss should begin socialized from start to learn forex trading.
2. A Winner Never Turn Into A Loser. If you have experienced Floating Profit, do not wait until then you should Floating Loss Close to Cut Loss. Attach Trailing Stop. In a study of the trailing stop forex trading should also be well understood.
3. Develop A Methodology And Stick With It. Do not Change It From Day to Day. From start to learn forex trading, using a strategy that you believe and you believe in and would you use. Not change until you completely sure that your losses are not because you are not disciplined in using your strategy. Change your strategy if it is ugly and really do not apply to your market entry.
4. Be Yourself. Do not Try To Be Someone Else. Use the way that suits your trading and your life and apply from the beginning when I started to learn forex trading you are more comfortable with your trading style, be it strategy, time frame and you use Money Management, Trading you better results. And you too will love 'new job' you.
5. The First Loss is The Best Loss. Do not wait until you are the greater the loss by allowing the price move exceeds the point & point Cut Your Loss. You have been preparing for the Loss to the point & point Cut Loss you once you enter the market. Do not lick your own saliva and losses do not exceed the point and point to Cut Your Loss. Again apply this from start to learn forex trading.
6. Do not Hope And Pray, Do not Speculate. If You Do, You'll Lose. By doing the analysis, it means you have to reduce and even eliminate the speculation (the gambling) in Trading. There is no guarantee that you will not experience a loss with your analysis. But there is no guarantee that you will profit by speculation and (just) sit down to pray and hope.
7. Hit Singles, Not Home Run. The best advantage is a benefit in accordance piecemeal realistic targets. Indeed, we all expect big gains in a short time. But along with the development of the phrase "High Risk High Return" which is "Fast High Return - Fast High Risk". Rome Was not Built in A Day. Understand this principle is also the time to learn forex trading before trading real.
8. Do not Over Analyze and Do not hestitate. If You Do, You'll Lose. Do not over analyze a market. Remember, you are aiming for the trading and transactions. not to conduct market research or make the thesis. Your objective is to analyze, to enter the market (transactions) and exit the market (profit or loss) in accordance with your plan. Remember we learn forex trading is not for the analyst.
9. All Traders Are Created Equal in The Eyes of The Market. Traders are not a great trader who is never wrong and never loss. Great trader is a trader can make a good strategy and can follow him with a good plan. All Traders must have lost a great and never wrong. In fact, they believe that they are great because they never lose and never lost. While still learning forex trading and loss calculation comparison profir us.
10. It's The Market Itself That wields The Ultimate Scale of Justice. There are only two rules to follow from start Traders are still learning forex trading.

First: The market is always Right. Second: Remember the First Rule.