Technically, knowledge such as technical indicators, order types and the use of stop loss or stop limit orders must be understood and can be applied.
And for the fundamentals, it will have to do with the psychology of the market or the psychology of a person who is trading.
Psychology will determine the final outcome because the decision will depend on the trader.
But if the technical is done correctly and the predictions are in line with expectations, then psychology will also be more helpful.
Everyone will never be free from the psychology of trading, and that will be one of the factors that influence profit and loss on trading.
It's just about how everyone manages psychology or emotions on the trades made.
This is such a good take, you are 100% right with what you said. Psychology and emotions are impossible to see, and there is nothing that we can do to stop them, it is just going to be the way it is at all times and not going to end up being any different. We shouldn't really consider the fact that it can't make it work, and we just need to focus on whatever we can do.And for the fundamentals, it will have to do with the psychology of the market or the psychology of a person who is trading.
Psychology will determine the final outcome because the decision will depend on the trader.
But if the technical is done correctly and the predictions are in line with expectations, then psychology will also be more helpful.
Everyone will never be free from the psychology of trading, and that will be one of the factors that influence profit and loss on trading.
It's just about how everyone manages psychology or emotions on the trades made.
All I can consider right now is that we should probably realize that we can try to learn to navigate with them, and not let these emotions control our trading. If we can manage that, if we let our emotions be what they are and still trade properly and ignore them while trading, then we should be able to make a lot more profit and could get a lot better result with time.