The Psychology of Trading

http://airelon.podbean.com/ and embedded in the daily blog.

This video is a remake video, where I am improving the video quality, and taking care of a few other issues

I think, at times, I try to stress money management principles so strongly to new traders? That I may end up overlooking another vital aspect of becoming a good trader.

Psychology.

And honestly, I do believe that you can understand money management principles, but if you do not understand the importance of self-discipline and emotional control? Even money management principles and strategies cannot help you as a trader. You will end up blowing up your account.

So what aspects need considered when it comes to the 'psychology of trading'? I discuss that in the vlog entry below ...

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc show less...