You cannot be successful overnight in the trading industry. The traders who have become successful did not achieve it in a short time. You need to be skilled for trading in this platform and to develop the skill you need experience. There are many technical skills that you should learn before started trading. But, technical is not all you need to learn. There is another thing which is called trading psychology that you have to understand.

By trading psychology, we understand the trader’s mindset about trading. The ability to think quickly, controlling emotions, and disciplined mentality are included in the list of trading psychology. There are also two emotions that a trader needs to control, they are fear and greed.

Ability to take quick decisions

In a trading platform, sometimes the traders need to take fast decisions when any trading takes place on short notice. In such a condition, … Read More