Using Psychology right "Expands the best of an Individual's potential helping them gain the most of what they do!" Now the need for Psychology in trading - Markets are constantly changing and even the most successful trader has to evolve with the market, the need to be create, build upon strength and tackle big moves to keep their trades profits consistent involves a Trader's mind. A common scenario of traders shutting their position too fast may be fearing the reversal or not enough patience or may be really for some genuine findings, here Volatility of the market is visible to traders. People are more sensitive to losing money than making money, be afraid of losing what they gained and exiting too early. Best way to break bad habit in general is to become aware of its presence - being self-aware, identify when it's happening. Once that's done make a conscious effort to re-channel yourself by engaged in something else that pulls you away from the habit. Apply the same in trading may be a trader's habit is to take multiple trades our of excitement on profits or frustration on failure, so the first step to identity your mental mood and re-channel it to avoid losses by stepping away from screen for some time and doing something to full fill yourself. BASICALLY WE CAN'T CONTROL ANYTHING IF WE ARE NOT SELF-AWARE OF IT recognizing that its causing me loss is the hold. Adapting to markets, Building on Strengths, Cultivating creativity, Developing best practices is the broader picture to take trading in control. Book Intro to trading psychology 2.0 is a great guide. What ever kind of trader you may be in a process level there are common similarities, so things work hand in hand for Traders who are studying their missiles - know their strength, weakness and stay grounded on this. We provide complementary classes in this! #nerdfx #traders_psychology #trading_education #forex_trading_tips #forex_trading #forex_trading_sessions_changing_lives #stocks_trading #price_action_trading #commodity_trading #forex_trading_in_chennai #forex_trading_in_australia #nerdfx_education (at Anna Nagar, Tamil Nadu, India)