Trading Psychology depends upon your mindset which is developed through your experiences and you couldn't change it.
psychology is a big deal in this market place , if you have strong mind with calculative knowledge thee is a chance to bring profit very rapidly.
The Forex trading psychology of Experienced traders are considered to be quite good and they have the talent to handle their emotions quite well. They exactly know when to trade the market as well as when it would be better to stay off.
here I agree in part, all the same there is in this part of the talent to control both yourself and your emotions
Yes, you must control your emotions and also learn about the risk management if you wish to survive in the Forex Market for a long time.
I agreed at the fact that you must control your emotions, but how we do that? How can newbie who is into the forex market for the very first knowing very well, they do not know how and where to control their emotions?
Well, if you think that you have lose a lot, you should take a break from the market and calm your mind, better do some research to find out what went wrong and enter the market again.
I would say that the biggest challenge in trading is to avoid unexpected losses that catch you off-guard. If you manage to keep losses small it should be easier to recover and pursue profits rather than trying to recoup losses.
By working on psychological moments, we give ourselves the opportunity to avoid unnecessary problems.