Advanced Trading Psychology

Psychological Ruts In Forex Trading

Psychological Ruts In Forex Trading

Ever been so disappointed with an outcome even after you had planned what you were going to do, what you were going to say, and how you were going to do what you wanted but it still didn’t play out the way you imagined??
It’s like when a child asks his or her parents if he can go for a sleepover at a friend’s house and over and over, but they keep saying no. What does the child do next?

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Game Theory - Forex is all about perspective

Game Theory – Forex Is All About Perspective

Forex Trading, Poker, Black Jack. To be consistently successful at these, you need to have a basic understanding of Game Theory. What is Game Theory??

“Game Theory is the study of mathematical models of strategic interaction among rational decision-makers” – Wiki. Basically a calculated approach to a game of 2 or more people where there are rewards and risks at play. In Forex trading, we can almost bet on newbie traders being irrational.

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