Finance Psychology: How To Begin Thinking Like A Professional Trader
Trading on the stock exchanges seems to be very easy for many financial players, especially at the beginning. They are convinced that it only requires a good entry signal to be successful on the markets in the long run. The longer they trade, the more the participants understand that it is not the entry signals that decide on victory or defeat in this business!
It is still the case that most traders lose money. Only a few of them manage to make permanent profits from the markets, or even earn their living by trading. The reason for this is not that the traders choose "bad" entrances. The reason that most traders lose money is their psyche. Trading is mainly characterized by emotions and 90-100% psychology. Who is a winner or loser in trading is determined by the mental strength of the trader.
Only those who actively work on their personality, mental strengths and belief patterns will be successful in trading. "It is up to each individual to use the powers of his psyche for or against his success.
This "Workbook about Behavioral Finance" is all you need to be Successful in Trading (Money Management Trading Guide).