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The weakest psychological link in foreign exchange trading
In merian Webster's dictionary, the word "terror" explains the anxiety caused by the expectation and consciousness of danger. It is often restless and lacks courage. The explanation of fear helps to identify the anxiety faced by investors. In fact, all investors have different degrees of fear, but as investors, how to deal with risks is very important. This paper focuses on four kinds of fears experienced by investors, and expounds the bad trading results caused by different fears. After reading this article,

Mark Douglas is an expert in trading psychology. In his book "Trading Fields", he pointed out that many investors are sure that they know what will happen next. This makes investors pay too much attention to the immediate trading results. In fact, he ignores that he has been playing the game of probability, and should evaluate his trading from this angle. Therefore, investors naturally like fanatical, sad and emotional reactions: after a series of successes, they are arrogant, self-respecting and ambitious, on the contrary.

All transactions have become very important in the minds of investors, and their fears are also increasing. Investors are afraid of difficulties if they don't advance, and they must not be chaotic. The pressure is getting bigger and bigger, and investors' hearts are crushed by dark clouds, and there is almost no chance to breathe.

All investors have fears, but successful investors control their fears, and failed investors are taken away by fear. When we are faced with potential risks, we will instinctively react like this. Stick to it or run away, fight against potential risks and escape from the wrong place. In times of crisis, if investors respond negatively, they will have fear, and the pressure will increase sharply, and the result will of course be bad. This investor may panic. On the contrary, if an investor feels that the opportunity is rare and challenges difficulties before making a decision, his trading results will be greatly improved. Many successful live performers are talking about their feelings: cheering with admiration before going on stage, and performing in the best competitive state after coming out. Obviously, this kind of positive response is far stronger than those who escape from the locker room under the pretext of headache and brain fever at a critical moment. Despite the difficulties, successful people are still aggressive.