You might be shocked to know that there are biological reasons for losing in trading. Once you read the article you will understand that there is nothing to be shocked about. If you consider the traders in the United Kingdom they were struggling to make money in the market when they first entered but now they have become successful due to understanding the biological reason behind the losses. If you are a naïve trader who's in his middle-age or an adult you should understand that there is a direct connection between your losses and the biology. You would have given back the hard-earned profits but why? Why does it happen to you? Why do you keep on losing in the market? Some traders find it really hard to get acquainted with the trading market and some others struggle to be active on the market all these are connected with the biology if human. What is important is once we explain the reasons how can you correct the errors and earn back the trades? To put simply, how can you make it happen practically? You need not worry about it if you read the article completely you will eventually understand the ways to make it happen practically. You will be able to make rational decisions based on the risk management. Without further ado, Let us dive in.
You would have taken many decisions in the market of trading and most of them would have been the irrational decision. What made you take irrational decisions? It is obvious that irrational decisions cause nothing except pain and stress. A trader would have made the decision based on the situation he was. When you are trading the live account you would always have the fear in your mind no matter what others say. When you take up a trade you become as if you are possessed so you will not be able to see things clearly. When you become irrational decision maker it causes you to get attached emotionally to trades. Some traders try to trade the market right after a loss because he cannot accept the fact that he has lost the trade so he believes that he can take back the money he just lost. So the pain makes him do all these improper activities because he cannot bear or accept that he made a loss. Instead of trying to take to back the profit he should stop trading for some time or try to divert the thoughts about the loss. You are trading the online trading account should be protected without blowing it out completely so for that you should control the emotions. If you become overly attached to the trades you may mentally fall when you lose it. You should take the steps to make your mindset stable and rational. You should believe that if you lose a trade it means you are trying to learn more. From every mistake, we learn a lesson. You should improve positive thinking if you want to become a successful trader.
Are hormones affecting the trades
The middle-aged men tend to be lower risk-averse and old men tend to be higher risk-averse. The testosterone levels in their body make them face higher risks and take up irrational decisions than the female traders. Their hormones make them take risky decisions like trading the choppy market even if they are not experienced enough to do so. They become over-confident in their trading approaches so it makes them give back their hard–earned profits. You would know that over-confidence isn't good for trading. Now, if you are aware of the hormones you should be cautious when making decisions regarding the trades.
Each and every person is unique
We agree that each and every person is unique but the factor which we mentioned above is on the general basis. There can be successful middle-aged male traders who are capable of increasing the winning streaks.
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