Forwarded from SUPREME VIP GROUP
βοΈ GOLD VIP Signal Today Hit TP5π₯π₯π―β850 PIPS π΅π₯ ππ
Forwarded from SUPREME VIP GROUP
βοΈ GOLD VIP Signal Today Hit TP5π₯π₯π―β850 PIPS π΅π₯ ππ
Forwarded from SUPREME VIP GROUP
This media is not supported in your browser
VIEW IN TELEGRAM
Forwarded from SUPREME VIP GROUP
βοΈ CHFJPY VIP Signal Today Hit TP3π₯π₯π―β235 PIPS π΅π₯ ππ close half order and move SL to break-even if u r conservative trader or u have small account π
Forwarded from SUPREME VIP GROUP
βοΈ CHFJPY VIP Signal Today Hit TP3π₯π₯π―β230 PIPS π΅π₯ ππ
Forwarded from SUPREME VIP GROUP
The reason for the traffies to adhere to your trading plan can be explained from the perspective of Fight or Flight Response and evolutionary psychology. The human brain has evolved to respond to the dangers (such as financial loss) instinctively, even if it is contrary to previous logic and planning.
###. Enable the "Survival or Flight" system (Fight or Flight)
When the market moves contrary to the trader's prediction, the brain interprets it as a threat.
- Amigdal (the center of fear processing in the brain) is activated and stress hormones (cortisol and adrenaline) are secreted.
- In this case, the body enters the protective state and the logic (the pre -stratum of the brain) is overshadowed by emotions.
- Outcome: The trader, instead of adhering to the plan, either trades a lot (Fight) or escapes from the market.
### 2. The role of βcognitive errorβ in trading
The human brain naturally develop cognitive biases that prevent the plan from adhering to the plan, including:
Disposition Effect: A tendency to sell earnings earlier and maintain losses in the hope of returning market.
- Confirmation Bias: It only pays attention to information that is in line with its current belief.
- Loss Aversion: The pain of loss is stronger than the pleasure of profit, so the trader eliminates the loss limit to prevent the loss.
### Social stress and comparison with others
- When the trader sees others benefit, he may be out of his strategy so that "FOMO - Fear of Missing Out).
- This behavior is rooted in the instinct of social survival; Humans are unconsciously afraid of being excluded from the group.
###. Lack of mental order (lack of control of the limbic system)
- The limbic (center of emotions) operates faster than the rational brain.
- When the trader is stressed, the initial instincts dominate the decision making and remove him from the main plan.
### Scientific solutions to adhere to the plan
Mindfulness: Reduce emotional reaction with meditation exercises.
β Automation: Using the loss limit and the auto -profit limit is not involved.
Repeat and conditioning: Practice the adherence to the plan in the demo account to become a habit.
β Setting up the trading environment: Avoid exciting news and social networks when trading.
### Summary
Failure to adhere to the trading plan is a natural brain reaction to "rescue" from risk (financial loss). But successful traders have learned to manage this instinct by practicing the mental order and controlling the limbic system.ββ
###. Enable the "Survival or Flight" system (Fight or Flight)
When the market moves contrary to the trader's prediction, the brain interprets it as a threat.
- Amigdal (the center of fear processing in the brain) is activated and stress hormones (cortisol and adrenaline) are secreted.
- In this case, the body enters the protective state and the logic (the pre -stratum of the brain) is overshadowed by emotions.
- Outcome: The trader, instead of adhering to the plan, either trades a lot (Fight) or escapes from the market.
### 2. The role of βcognitive errorβ in trading
The human brain naturally develop cognitive biases that prevent the plan from adhering to the plan, including:
Disposition Effect: A tendency to sell earnings earlier and maintain losses in the hope of returning market.
- Confirmation Bias: It only pays attention to information that is in line with its current belief.
- Loss Aversion: The pain of loss is stronger than the pleasure of profit, so the trader eliminates the loss limit to prevent the loss.
### Social stress and comparison with others
- When the trader sees others benefit, he may be out of his strategy so that "FOMO - Fear of Missing Out).
- This behavior is rooted in the instinct of social survival; Humans are unconsciously afraid of being excluded from the group.
###. Lack of mental order (lack of control of the limbic system)
- The limbic (center of emotions) operates faster than the rational brain.
- When the trader is stressed, the initial instincts dominate the decision making and remove him from the main plan.
### Scientific solutions to adhere to the plan
Mindfulness: Reduce emotional reaction with meditation exercises.
β Automation: Using the loss limit and the auto -profit limit is not involved.
Repeat and conditioning: Practice the adherence to the plan in the demo account to become a habit.
β Setting up the trading environment: Avoid exciting news and social networks when trading.
### Summary
Failure to adhere to the trading plan is a natural brain reaction to "rescue" from risk (financial loss). But successful traders have learned to manage this instinct by practicing the mental order and controlling the limbic system.ββ
Forwarded from SUPREME VIP GROUP
βοΈToday Profits of our Account Management Service
πClosed tradesπ
πForex Signals Team π
πClosed tradesπ
πForex Signals Team π
π¨Remember, There's nothing wrong with you...
Everyone loses money (including the professionals)
π¨But...
If you are losing more than you take... You can find a better way!
Why don't you set a goal to become a consistently successful trader, for what it will make of you to achieve it?
What will be most important is the person you become...the money won't be that important compared.
Focus on being a perfect trader before going into the market, so as to have more knowledge of the market and also avoid losses, join our VIP premium group to have the compulsory knowledge of the market and also get exclusive signals contact admin @fx_carter
Everyone loses money (including the professionals)
π¨But...
If you are losing more than you take... You can find a better way!
Why don't you set a goal to become a consistently successful trader, for what it will make of you to achieve it?
What will be most important is the person you become...the money won't be that important compared.
Focus on being a perfect trader before going into the market, so as to have more knowledge of the market and also avoid losses, join our VIP premium group to have the compulsory knowledge of the market and also get exclusive signals contact admin @fx_carter
Forwarded from SUPREME VIP GROUP
Thanks for trusting us, we do apologise to our members who didn't get their payouts this week, this is caused by the weak volatility in the market this few days but with the analysis we ga have made next week market will be smooth and we do encourage new participants to keep on joining our services here π
Forwarded from SUPREME VIP GROUP
βοΈToday Profits of our Account Management Service
πClosed tradesπ
πForex Signals Team π
πClosed tradesπ
πForex Signals Team π