Phycology is a very undermined factor of trading however is one of the most important. Technicals can almost be taught to absolutely anyone who is keen to learn however phycology / mental factors can't. It is a skill that can only be developed over years I feel in this industry and fighting your human instinct is got to be one of the hardest things to over come in trading .
Below is a map of feelings and thinkings of a trader as everything on a chart evolves around them.The cycle of this chart just goes on repeat like a song. Which cycle do you think we are in? Is it belief and we will see the phycology of the mood reneging here? Time can only tell if not we have a long way down before we restart the cycle.
Comment below which cycle you see us in
Below is a map of feelings and thinkings of a trader as everything on a chart evolves around them.The cycle of this chart just goes on repeat like a song. Which cycle do you think we are in? Is it belief and we will see the phycology of the mood reneging here? Time can only tell if not we have a long way down before we restart the cycle.
Comment below which cycle you see us in