Trading Psychology & Emotional Trading Why Trading Psychology is important ?

Trading psychology is the study of how people make decisions, and why they do so. It's also important for traders to understand their own trading psychology, because it can help them improve their performance in the markets.

Trading psychology refers to all the thoughts and feelings that influence a trader's decision-making process. When we're trying to make a big trade, there are a lot of things going on in our heads: What's happening with the market right now? Is this an opportunity or not? What do I need to do in order to be successful?

Traders who understand their own trading psychology are more likely to be successful because they understand what motivates them and what holds them back from taking action quickly enough when they see something interesting happening in the market.

Traders who don't understand their own trading psychology may not be able to recognize opportunities as quickly or accurately as those who do because they are too caught up in worrying about whether or not something will work out for them instead of focusing on taking action when an opportunity presents itself!

Trading psychology is the study of how traders make decisions, and it's an important part of trading.

A trader's psychology is affected by their experience, education, past successes and failures, and other factors. The goal of trading psychology is to help you improve your decision-making abilities so that you can be more successful in the market.

Why trading psychology is important ?

Trading psychology is important because it helps you make better decisions, and it can help you avoid losses.

A good trading psychology can help you manage your emotions, which are often the biggest factors in losing money in the market.

When you're emotional, you're likely to take more risks and make more mistakes. A good trading psychology will help keep your emotions under control so that you don't make those mistakes.