{"id":7573,"date":"2019-07-19T08:42:53","date_gmt":"2019-07-19T06:42:53","guid":{"rendered":"https:\/\/www.forestraders.sk\/market-psychology\/"},"modified":"2019-07-19T08:42:53","modified_gmt":"2019-07-19T06:42:53","slug":"market-psychology","status":"publish","type":"post","link":"https:\/\/www.forestraders.sk\/en\/market-psychology\/","title":{"rendered":"Market psychology."},"content":{"rendered":"

Gold has made a new high and market psychology will now:
\nOMG new high! Gold rises, breaking resistance,
\nBloomberg, Reuters … will write in bold NEW HIGHS FOR GOLD
\nNews reporters will write: gold WAS, WHY, reason (like this and this and this and …)
\nTry checking, they always say something happened in gold because of something.\/think about it\/
\nAnd that it’s in the past and you can never benefit from it.
\nThey will create panic for most people that gold is flying and will never come back.
\nThey said gold has never reached this level since 2013!
\nThis of course applies to any currency pair. Extreme bottoms\/GBP-brexit\/.
\nThis is market psychology.<\/strong>
\nNothing for us, but for 95% of the people.<\/p>\n

The 95% of traders who will think: wow it’s going up, it’s never going down, let me buy, I don’t want to miss the upside …
\nAnd what do we expect? Fall or continuation, are we right or wrong?
\nWe don’t care where it goes!<\/p>\n

Making money on a consistent basis is what matters and is how we need to think, this should be your mindset. It’s good to understand the situation and know that everything is plotted on a graph. It doesn’t matter what happens next.
\nBut with a system\/plan, no matter what happens, you will make money in the next move.
\nYou have to understand that the market can do anything at any given time, so we have a system that respects that risk.<\/strong><\/p>\n

If you stay disciplined, you will be profitable in the long run, that’s why you shouldn’t be afraid of being wrong on every single trade, because the fear of being wrong will lead you to avoid trading and that will have a bad effect on the trade, the ability to trade successfully.
\nStick to the system\/plan.<\/strong><\/p>\n

Build a probabilistic mindset:
\nAnything can happen.
\nOur advantage is nothing more than that we understand that the market can do anything, anytime.
\nEvery market moment is unique.
\nWhen you understand this, you won’t put unrealistic expectations on any one individual trade, but you’ll take it as a whole.<\/p>\n

If you don’t practice good money management, then you are a gambler, a gambler and not a trader.<\/p>\n

MM, portfolio and patience.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold has made a new high and market psychology will now: OMG new high! Gold rises, breaking resistance, Bloomberg, Reuters … will write in bold NEW HIGHS FOR GOLD News reporters will write: gold WAS, WHY, reason (like this and this and this and …) Try checking, they always say something happened in gold because […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[55],"tags":[],"class_list":["post-7573","post","type-post","status-publish","format-standard","hentry","category-blog-en"],"yoast_head":"\nMarket psychology. - Forestraders - We trade for life<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market psychology. - Forestraders - We trade for life\" \/>\n<meta property=\"og:description\" content=\"Gold has made a new high and market psychology will now: OMG new high! Gold rises, breaking resistance, Bloomberg, Reuters … will write in bold NEW HIGHS FOR GOLD News reporters will write: gold WAS, WHY, reason (like this and this and this and …) Try checking, they always say something happened in gold because […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\" \/>\n<meta property=\"og:site_name\" content=\"Forestraders - We trade for life\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/forestraders\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-19T06:42:53+00:00\" \/>\n<meta name=\"author\" content=\"Roland Gasp\u00e1r\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Roland Gasp\u00e1r\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\"},\"author\":{\"name\":\"Roland Gasp\u00e1r\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/93db6202698ffa1aa2e5f37c75848887\"},\"headline\":\"Market psychology.\",\"datePublished\":\"2019-07-19T06:42:53+00:00\",\"dateModified\":\"2019-07-19T06:42:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\"},\"wordCount\":386,\"publisher\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\",\"url\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\",\"name\":\"Market psychology. - Forestraders - We trade for life\",\"isPartOf\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/#website\"},\"datePublished\":\"2019-07-19T06:42:53+00:00\",\"dateModified\":\"2019-07-19T06:42:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.forestraders.sk\/en\/market-psychology\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/market-psychology\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Domovsk\u00e1 str\u00e1nka\",\"item\":\"https:\/\/www.forestraders.sk\/en\/home-five\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market psychology.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#website\",\"url\":\"https:\/\/www.forestraders.sk\/en\/\",\"name\":\"Forestraders - We trade for life\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.forestraders.sk\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#organization\",\"name\":\"Forestraders - We trade for life\",\"url\":\"https:\/\/www.forestraders.sk\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.forestraders.sk\/wp-content\/uploads\/2023\/06\/Forestraders_PNG_Logo.png\",\"contentUrl\":\"https:\/\/www.forestraders.sk\/wp-content\/uploads\/2023\/06\/Forestraders_PNG_Logo.png\",\"width\":783,\"height\":154,\"caption\":\"Forestraders - We trade for life\"},\"image\":{\"@id\":\"https:\/\/www.forestraders.sk\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/forestraders\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/93db6202698ffa1aa2e5f37c75848887\",\"name\":\"Roland Gasp\u00e1r\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8c0383c65286cb6181fda4ba17f69bb366f49ea9cc092638e8069077815d2081?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8c0383c65286cb6181fda4ba17f69bb366f49ea9cc092638e8069077815d2081?s=96&d=mm&r=g\",\"caption\":\"Roland Gasp\u00e1r\"},\"sameAs\":[\"https:\/\/www.forestraders.sk\"],\"url\":\"https:\/\/www.forestraders.sk\/en\/author\/forestrders\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market psychology. - Forestraders - We trade for life","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.forestraders.sk\/en\/market-psychology\/","og_locale":"en_US","og_type":"article","og_title":"Market psychology. - Forestraders - We trade for life","og_description":"Gold has made a new high and market psychology will now: OMG new high! Gold rises, breaking resistance, Bloomberg, Reuters … will write in bold NEW HIGHS FOR GOLD News reporters will write: gold WAS, WHY, reason (like this and this and this and …) Try checking, they always say something happened in gold because […]","og_url":"https:\/\/www.forestraders.sk\/en\/market-psychology\/","og_site_name":"Forestraders - We trade for life","article_publisher":"https:\/\/www.facebook.com\/forestraders","article_published_time":"2019-07-19T06:42:53+00:00","author":"Roland Gasp\u00e1r","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Roland Gasp\u00e1r","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/#article","isPartOf":{"@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/"},"author":{"name":"Roland Gasp\u00e1r","@id":"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/93db6202698ffa1aa2e5f37c75848887"},"headline":"Market psychology.","datePublished":"2019-07-19T06:42:53+00:00","dateModified":"2019-07-19T06:42:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/"},"wordCount":386,"publisher":{"@id":"https:\/\/www.forestraders.sk\/en\/#organization"},"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/","url":"https:\/\/www.forestraders.sk\/en\/market-psychology\/","name":"Market psychology. - Forestraders - We trade for life","isPartOf":{"@id":"https:\/\/www.forestraders.sk\/en\/#website"},"datePublished":"2019-07-19T06:42:53+00:00","dateModified":"2019-07-19T06:42:53+00:00","breadcrumb":{"@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.forestraders.sk\/en\/market-psychology\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.forestraders.sk\/en\/market-psychology\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Domovsk\u00e1 str\u00e1nka","item":"https:\/\/www.forestraders.sk\/en\/home-five\/"},{"@type":"ListItem","position":2,"name":"Market psychology."}]},{"@type":"WebSite","@id":"https:\/\/www.forestraders.sk\/en\/#website","url":"https:\/\/www.forestraders.sk\/en\/","name":"Forestraders - We trade for life","description":"","publisher":{"@id":"https:\/\/www.forestraders.sk\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.forestraders.sk\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.forestraders.sk\/en\/#organization","name":"Forestraders - We trade for life","url":"https:\/\/www.forestraders.sk\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.forestraders.sk\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.forestraders.sk\/wp-content\/uploads\/2023\/06\/Forestraders_PNG_Logo.png","contentUrl":"https:\/\/www.forestraders.sk\/wp-content\/uploads\/2023\/06\/Forestraders_PNG_Logo.png","width":783,"height":154,"caption":"Forestraders - We trade for life"},"image":{"@id":"https:\/\/www.forestraders.sk\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/forestraders"]},{"@type":"Person","@id":"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/93db6202698ffa1aa2e5f37c75848887","name":"Roland Gasp\u00e1r","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.forestraders.sk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8c0383c65286cb6181fda4ba17f69bb366f49ea9cc092638e8069077815d2081?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8c0383c65286cb6181fda4ba17f69bb366f49ea9cc092638e8069077815d2081?s=96&d=mm&r=g","caption":"Roland Gasp\u00e1r"},"sameAs":["https:\/\/www.forestraders.sk"],"url":"https:\/\/www.forestraders.sk\/en\/author\/forestrders\/"}]}},"_links":{"self":[{"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/posts\/7573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/comments?post=7573"}],"version-history":[{"count":0,"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/posts\/7573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/media?parent=7573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/categories?post=7573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forestraders.sk\/en\/wp-json\/wp\/v2\/tags?post=7573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}