Why Webley psychiatrists better than economists in the Forex currency trading market?
It should be noted that traders estimated worth billions, such as Durr, and Williams and others is not only psychiatrists. It is not by chance that we do not see leaders, economists and traders experienced the most successful of these doctors, but analysts and professional psychiatrists have the ability to stand out from the economists, I'll discuss in this article. And but Valenvkr financially in the matter. You can become successful when you understand what is happening in Forex. It will explain what is Forex errors that the economists is located. And how to correct these errors, it is through the correction will become a merchant does not have any psychological barriers and does not have any obstacles on the way to becoming the best in the foreign exchange market.
So, why psychiatrists works better than economists traders who, as many believe, are manipulating the market Forex Besbahm?
Many economists said they confused the following things:
First: the fact that exchange rates do not always directly linked to economic conditions in these countries. Well, do you know of economists admit that technical analysis of the currency pairs is more important for forex fundamental analysis? That any economist will always be confident that this can not happen because he never knows all the economic doctrines. But it happens in Forex. But how can a currency trader to know the market moves up and down according to economic rules? Certainly the currency will react to economic changes in the country, but who knows when and how? Here are the following advice: to those who believe that basic knowledge is everything in the Forex market (before converting the trend in the exchange rate, currency move is absurd that the trend is reversed completely).
Second: the lack of psychological knowledge that helps to understand the behavior of the group. Any knowledge of self-evident. Doctors psychiatrists have the ability to analyze the behavior of the groups based on external influences which they are exposed and can deeply into this subject through the study of the ideas of behaviorism in psychology where would object to the stimuli and reinforcement and behavior changes based on stimuli and you can use this information and apply it to the world of Forex trying to do so Conclusion behaviors of individuals in the forex trading market.
Third: the lack of the ability to overcome the psychological fear resulting from price fluctuations in the Forex currency trading market, in turn, can people who work in the field of psychology to overcome that fear because of their knowledge of the behavior of the public and because of methods Itbauha to overcome this fear and control.
It seems that there is not any book Forks, offers effective solutions for psychological problems suffered by traders in the currency trading market. In fact none of these books has a ways to overcome the fear that experienced forex broker.
But what made these books instead?
Almost every book of this type consists of two unequal parts:
The biggest part of the book tells about a problem that they overlap to traders and forex trading can eventually overcome it (nervousness, doubts, and fears, fear, sleep deprivation, etc.). As if traders do not know their own problems.
Luxor part contains the conclusions and recommendations to traders to help them solve their problems and overcome their fears.
Many psychiatrists are aware that the new field opens up in front of their eyes, which is to provide psychotherapy for traders totaling millions all over the world, this field is growing with every day.
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