the simply is eating and tea
Can psychology improve your trading performance?
The goal of forex trading is simple: to earn a profit. While there are a variety of ways that you can improve your chances of building your capital, one of the most important steps is understanding the impact that psychology has on the way you make decisions. According to the efficient market hypothesis (EMH), financial markets are completely rational, as market participants always make the most logical decisions, in order to achieve the greatest results. However, IG Group’s ‘Psychology of Trading’ research showed that despite being correct in their predictions more than 50% of the time, traders tend to lose ... (full story)