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βοΈ USDJPY VIP Signal Today Hit TP2π₯π₯π―β120 PIPS π΅π₯ ππ
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βοΈ USDCHF VIP Signal Today Hit TP1π₯π₯π―β40 PIPS π΅π₯ ππ close half order and move SL to break-even if u r conservative trader or u have small account π
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βοΈ USDCHF VIP Signal Today Hit TP1π₯π₯π―β40 PIPS π΅π₯ ππ
Forwarded from FOREX VIP
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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
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βοΈ CHFJPY VIP Signal Today Hit TP3π₯π₯π―β230 PIPS π΅π₯ ππ
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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
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βοΈToday Profits of our Account Management Service
πClosed tradesπ
πForex Signals Team π
πClosed tradesπ
πForex Signals Team π
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Itβs hard to imagine markets without market makers - companies which provide liquidity.
β
If not for them, slow-moving trading would create a perfect environment for manipulations where prices would soar and collapse for no reason π€―
β
Still, even market makers canβt save Forex from a risk of flash accidents, which the Japanese yen, the Swiss franc and other currencies have faced in the past 5 years.
β
But such events occur rarely, thanks to liquidity providers.
β
Market makersβ profit comes from the difference between buying and selling prices.
β
If there has been a long consolidation amid low trading volumes, market makers wonβt be happy. On the contrary, when quotes update latest extremums, where stop orders or pending orders have been certainly placed, liquidity providers rub their hands π
β
How can a regular trader make use of this information?
β
π±Pay attention to long periods of weak market activity. They usually manifest themselves through forming a narrow trading range and low trading volumes.
β
π±Check the way trading volumes behave when leaving the trading range or when they are near TPSL1/TPSL2 extremums. The ideal version would be a sharp growth of volumes and wide spreads. They will suggest the most likely direction of prices in the short term.
β
So, we can form our strategy knowing that market makers are interested in stimulating traders and remembering that trading volumes behave in a peculiar way when going outside consolidation ranges.
β
Such a strategy will be based on understanding market processes, not on blind actions inspired by βtried-and-trueβ signals π
β
β
If not for them, slow-moving trading would create a perfect environment for manipulations where prices would soar and collapse for no reason π€―
β
Still, even market makers canβt save Forex from a risk of flash accidents, which the Japanese yen, the Swiss franc and other currencies have faced in the past 5 years.
β
But such events occur rarely, thanks to liquidity providers.
β
Market makersβ profit comes from the difference between buying and selling prices.
β
If there has been a long consolidation amid low trading volumes, market makers wonβt be happy. On the contrary, when quotes update latest extremums, where stop orders or pending orders have been certainly placed, liquidity providers rub their hands π
β
How can a regular trader make use of this information?
β
π±Pay attention to long periods of weak market activity. They usually manifest themselves through forming a narrow trading range and low trading volumes.
β
π±Check the way trading volumes behave when leaving the trading range or when they are near TPSL1/TPSL2 extremums. The ideal version would be a sharp growth of volumes and wide spreads. They will suggest the most likely direction of prices in the short term.
β
So, we can form our strategy knowing that market makers are interested in stimulating traders and remembering that trading volumes behave in a peculiar way when going outside consolidation ranges.
β
Such a strategy will be based on understanding market processes, not on blind actions inspired by βtried-and-trueβ signals π
β
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βοΈ USDCAD Trail VIP Signal Today Hit TP1π₯π₯π―β53 PIPS π΅π₯ ππ close half order and move SL to break-even if u r conservative trader or u have small account π