Forex and Cryptocurrencies

The currency market (Forex) is the largest market in the world and has the highest liquidity. It is not a limited market, since it operates 24 hours a day, 7 days a week, all over the world. Cryptocurrencies, especially Bitcoin, bring a new dimension and dynamics to the currency markets.

Standard Forex

First, here is an example of how standard currency trading works. Imagine that you are an American merchant betting on the pair sterling / US dollar ( GBP / USD ). You deposit $ 100 with your broker. Assuming the rate of $ 1 = £ 0.5, you would then receive £ 50 for your $ 100. If the GBP / USD rate changes to 0.45, and vd closes the position to 50 / 0.45 = $ 111.11. That is, you make a profit of 11.11% on your initial deposit of $ 100.

Forex with Bitcoin

Now, let's move on to an example of a currency trading using bitcoin. First, a forex trading account is opened with a broker who accepts bitcoins (such as AvaTrade, eToro, Libertex or Liteforex). Next, deposit 1 bitcoin from your digital portfolio to the digital portfolio of the currency broker. Assuming that the current bitcoin at the dollar rate is 1 bitcoin = $ 4000, your deposit of one bitcoin is equal to $ 4,000. Now, assume you want to take a position in sterling. If the exchange rate is £ 0.5 = $ 1, you will receive £ 8,000. After some time, the GBP / USD exchange rate goes to 0.45, and you close your position to get $ 4,444.44 in your account. You have a benefit of 11.11% that you can withdraw at any time. However, let's suppose that at this moment bitcoin at the rate of the US dollar. changed to 1 bitcoin = $ 3,800. When you withdraw your money in bitcoins, you receive ($ 4,444.44 / $ 3,800) = 1,169 bitcoins.

Even though the Bitcoin price has fallen ($ 4,000 to $ 3,800), the profit obtained in the GBP / USD part of the transaction has compensated for this loss, allowing us to obtain a profit margin of 0.169 BTC. This would be taking into account a hypothetical fall of the BTC / USD pair, but in the case that this pair had increased suppose to $ 4,200, we would receive ($ 4,444.44 / $ 4,200) = 1,058 bitcoins. Therefore, our profit in BTC would be lower, but it would be constant in USD, since the difference in values ​​($ 4,000 vs $ 4,200) in the BTC / USD pair would make this benefit identical.

Beyond fluctuations in the exchange rate that affect profit and loss, there are other benefits and risks to consider before trading bitcoin in Forex markets.

Advantages of trading Forex with Bitcoin

• Decentralized valuations : An important advantage of trading currencies with bitcoin is that there is no central bank to randomly change bitcoin valuations. Due to its decentralized nature, bitcoin rates are free of geopolitical influence, as well as macroeconomic issues such as inflation or the specific interest rates of each country.
• High leverage : Most forex brokers offer a high level of leverage that can reach up to 1: 1000 for bitcoin operations. Experienced traders can use this to their advantage. However, these high margins must also be approached with great caution as they also increase the potential for loss. Unless you are an experienced investor, we do not recommend that you use leverage.
• No transaction costs : All bitcoin transactions are digitally registered on public networks without any involvement of banks or clearing agencies. Therefore, there are usually no transaction costs involved in bitcoin, even for global transfers. Brokers pass these benefits to customers by not imposing any deposit or withdrawal fees for bitcoin transactions. This improves business profits.
• Low deposit amount : One can start with as little as $ 25 with some bitcoin currency trading firms. As promotional offers, some forex trading firms even offer new members a small amount as an initial deposit to encourage them to use their services. One thing to always keep in mind is to check that all brokers are properly regulated.
• Low cost of trade : Most forex brokers that accept cryptocurrency are keeping brokerage costs too low to attract new bitcoin-trading customers.
• Security : With bitcoin transactions, you do not need to reveal your bank account or your credit card information to deposit or withdraw money. Especially when it comes to foreign brokers, this is a great advantage in terms of cost and financial security.
• Without global borders : Bitcoin transactions have eliminated global limits. Using Bitcoin, an African-based trader can trade forex through a broker based in the United Kingdom. Regulatory challenges may remain a concern, but if both traders and brokers are willing to make transactions, all geographic boundaries are eliminated.

Risks of Forex Trading with Bitcoin

• The value of Bitcoin in the different exchange houses (Exchanges) is not uniform, and the exchange rates vary. You must make sure you know the bitcoin exchange rates that the currency broker will use.
• While receiving bitcoin deposits from customers, almost all brokers sell bitcoins instantly and keep the deposit in US dollars. Even if a trader does not take a currency trading position immediately after the deposit, he or she is still exposed to the USD / BTC exchange risk when withdrawing their deposit.
• Historically, bitcoin prices have shown high volatility. In the absence of regulations, volatility can be used by unregulated brokers to their advantage and to the disadvantage of the trader. For example, suppose the intraday bitcoin rate fluctuates from $ 4,000 to $ 4,300 per bitcoin. For an incoming deposit of 2 bitcoins, the unregulated broker may apply the lowest rates of $ 4,000. However, once you want to make a refund, the broker can use the highest exchange rate and instead of the original bitcoins deposited, only receives 0.93 bitcoins ($ 4,000 / $ 4300 = 0.9302 bitcoins). In fact, the unregulated broker may be exchanging bitcoins and dollars at 4,150 at the expense of his client and thus obtaining an additional benefit.
• The deposited bitcoins are prone to theft by piracy, even from the digital wallet of the broker. To reduce this risk, look for brokers who have theft insurance protection.
• High leverage is risky for novice traders who can not understand the exposure.
• Cryptocurrencies are a different kind of asset and have their own valuation mechanism. Currency trading with bitcoins essentially introduces a new intermediate currency that can impact profits and losses in unexpected ways. Any money that is not locked in a trader's base currency is a risk.

Verdict

Cryptocurrencies, including Bitcoin, are a new Forex trading tool, thanks to their volatility and usage advantages, they are making these one of the new investment instruments.

With an increasingly mature market and a growing popularity, we find a new investment tool to consider.

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Psychological aspects necessary to operate in the Forex market

One of the most important aspects and at the same time most ignored by traders is maintaining a healthy psychological perspective with respect to trading. The psychology of trading together with risk management is one of the pillars on which professional traders base their success in the market. In fact, investors who are not able to control the stress produced by market variations will not survive as long-term traders, no matter how skilled they are or their knowledge of market analysis tools.

Emotion-free trading

It is essential that the trader make his decisions regarding the market based on objective strategies in such a way that eliminates the interference of emotions such as greed and fear whose effects can be fatal because they cause the person to make bad decisions. One of the characteristics common to all professional traders is that they can achieve a complete emotional detachment with respect to their transactions: although they are involved and dedicated in their operations in the market, they do not reach the point of committing themselves emotionally to them, that's why they accept No hassle losses and they make all their investment decisions in a completely objective manner.

Frequently, traders who become emotionally involved with their transactions often make important mistakes because they tend to change their strategy capriciously in the face of a few losses or on the contrary become very careless and overconfident after getting a few. winning operations. A successful trader is one who has emotional balance and who bases all his decisions on an objective strategy that applies in a disciplined and emotion-free manner such as greed and fear.

The professional trader knows when he should take a break

When a trader suffers an important losing streak, he should consider taking a rest period from trading before fear and greed come to dominate his trading strategy and drive his decisions. It is important to understand that not all transactions will produce benefits. Therefore, the trader must be psychologically capable of understanding that at some point he will have loss which he must manage properly.

The vast majority of traders, even the most successful, at certain times go through periods of losing trades. This is not unusual. Therefore, the key to becoming a long-term winning trader is to have the ability to overcome a losing streak without being disturbed. At the moment in which a trader goes through a negative streak in which he experiences great losses, it is probably best to take a break from trading.

Normally, staying a few days or even weeks without observing the market allows you to clear your mind and may be one of the best solutions to a losing streak. On the contrary, continuing to perform non-stop operations during a complicated market condition can not only produce high losses but also affect the psychological state of the trader.

Finally, it is always better for the trader to recognize his losses instead of continuing to fight against them and acting as if they did not exist. It is vital that the trader understands that no matter how much he prepares and practices, during his career in the market there will be many losing trades. The key to success is to make these losses so small that the trader keeps enough capital in his account so that he can operate another day in the market and can leave his winning transactions open for longer.

The fact is that a trader can overcome any losing streak with proper monetary management techniques . This is the reason why the experts emphasize the use of a 2: 1 risk to profit ratio in their operations, as well as not risking more than 2% of the capital of their account in a single transaction. With these practices the losses can be maintained at an acceptable level.

For traders that operate in the Forex market or with other instruments such as shares or Futures, the following are 10 basic rules that every trader should follow:

• Let your profits run.
• Limit your losses as much as possible.
• Do not fight against the trend.
• Hold positions with an appropriate size according to the capital of your trading account (monetary management).
• Apply an adequate benefit-risk ratio.
• Do not add to the losing positions to compensate, on the contrary if a position is generating excessive losses close it.
• Analyze and take into account the real expectations of the market.
• Capitalize appropriately on your profits, do not allow a winning operation to lose a high percentage of the potential profits produced or end up causing losses.
• Use a trading booklet and learn from your mistakes.
• Set a maximum loss or recession level for your earnings. If you reach this point, consider resting and staying away from the market for a few days.

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Is It Possible To Live Forex?

There is no market that attracts more willing investors to live trading than the Forex. I like many investors I wonder Is it possible to live Forex? , I imagine if possible, although I do not know if this will be possible directly or indirectly. Let me explain: 

Many traders who invest in Forex or other markets, not only do Trading, they also sell their trading ideas or their knowledge, to complete their income. That for me that is live Forex, but not live trading. 

A day traders love the Forex, simply because the Forex is a market that works 5 days a week for 24 hours, for all who aspire to live Forex, or live trading, this idea sounds like celestial music: practically uninterrupted possibility of being able to do operations in the market. 

There are many Forex traders who claim that it is possible to live Forex, the problem is that the market usually devours most small investors before being minimally profitable. After three years, few investors from which they started are still trading , this is proof of how difficult it is to achieve profitability. 

As an investor I believe and affirm, that you can make money with the Forex , or with any other financial asset, but the really difficult thing is to live Forex or Trading in general.

I am skeptical by nature and somewhat suspicious, because the traders who are supposed to be profitable and have managed to live the forex are the ones that also sell us something: whether trading courses, trading signals, books, etc. 

Come on ... I know a few traders who claim to be profitable within the Forex or Day Trading in general and also do not want to sell me something. It may be that at some point they want to share their knowledge, if it is true that many of those who invest in markets, feel a little indebted to all who have taught them something, and teaching is part of share something gained, but ... you can expose the knowledge for free, 

Leave a stable job, to live Forex

One of the great motivations that have those who want to live Forex, is to leave a job that they are not passionate about and in which they are trapped. 

Trading offers promises of freedom, which can not be given any other activity. 

You can trade in Forex from anywhere in the world , you just need an Internet connection and an Online Broker to operate, that simple and easy. 

Such a wonderful life, near a paradisiac beach, on the edge of a swimming pool or doing cultural tourism around the world, is what the Trading industry really sells to us. 

True, we could live like this. In theory everything is possible, but you have to know that the reality is much harder, at least reconsider enough, before leaving a stable job.

What do we really need to live Forex?

If I had to demand two fundamental premises, in order to live Forex, I would say that the essential would be:

Be profitable on a regular basis

Let's overlook all that is training. If we want to live Forex, we must have passed the knowledge stage, it is necessary to be in possession of the necessary knowledge to operate: technical analysis, fundamental, psychological control, Trading systems, risk management, capital management ...

All these knowledge can and should be had, but with knowledge alone is not enough. 

You have to be profitable on a recurring basis. 

And I'm not referring to one month earning money and another not. Invoices arrive every month. 

Every month you have to pay for water, electricity, telephone, housing and you have to eat. 

You have to be profitable, andthat profitability has to be sufficient enough to cover our needs . And this leads me to the second premise:

Have a Proper Trading Account

The best investors in the world, speak of annualized returns of 20% . How much is an annualized return of 20%, translated to profitability-month? 

Do not try, if your profitability a month, is 2%, you would need to be in the disposal of an account of 100,000 €, to get 2,000 € month. 

I will not go into details, because Trading in Forex, is a very leveraged Trading . The accounts are on the margin, and you may be able to get higher returns, even starting from smaller accounts. Although the danger of leverage is in forcing the machinery, and we end up bursting in the face.

Forex live is more work

If you decide to live Forex, in the end you will be a more salaried, but with the problems that all the autonomous. 

When you depend on yourself, your effort and profitability, you can find that there are really complicated situations: that you are sick, that you do not have access to the Internet (if you travel), that the market changes and your profitability goes down. 

There are so many problems that you can find, that I understand those traders who decide to supplement their trading income, with additional ones. 

Living Forex can be exciting , but it does not have to be easy.

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Avoiding losses in Forex

The strategy to avoid losses is one of the most infallible that can be used in the forex market.

This strategy forces its investors to invest little by little in the different options of the market and thus to avoid losing big sums of money in a day of negotiation. In case of not obtaining the expected results the money that will be lost will be very little and if you get to win will be small amounts.

Investors using this forex strategy have to know that with this method of work you will not make huge amounts of money in a single day, however it is better to move with short but safe steps, than to try to run without even knowing how to crawl.

Although the strategy to avoid losses may seem quite obvious, very few investors are able to put it into practice, because they usually risk a lot of money confident that investing in this market guarantees them to earn continuous profits.

Basically, the goal of using the strategy to avoid losses is to concentrate on getting small wins and not opting for a big win during each trading day. If this method is used as it should it is very likely to eliminate the margin of losses by almost 100%, because if you get a bad result the lost capital will be so low that it will surely recover immediately.

To ensure success on a trading day is important to try not to ignore the trends and always bet in the same direction that they aim to achieve the expected benefits because in case of performing the opposite action can lead to catastrophic results even though the strategy is to avoid losses.

If you do not use this strategy and try to earn a lot of money in a single day it is very likely to have a big loss of money which could be very devastating to the investor and cause a panic attack that could lead to try to recover the lost immediately and end up losing all the capital overnight.

Always keep in mind that this strategy ensures that you get excellent results every trading day so you have to try to manage it very effectively to become a successful investor in the financial market.

Why do most investors fail?

If there is something that happens to many investors at any given time is that of failure.

How reasonable, operations are not always going to come out as one wants and this causes that in more than one situation we fail and unfortunately we end up incurring losses without wanting it.

There are many who ask themselves this question, and if you are also wondering why a lot of investors fail I recommend that you continue reading .

Glossary of the content of the article:

• Lack of knowledge and experience
• The influence of emotions
• No defined strategy or useful tools
• Not managing capital well
• Do not learn from mistakes

I do not know if as an investor you've been through a bad run or you've ended up losing more money than you would have liked. But let me tell you that investments have their risks, and that while they can help you to achieve high returns on your capital, it is impossible to control the markets at 100%, and therefore losses are inevitable.

While it is true that you can achieve a balance between profit and loss and make trading a profitable business for your pocket, you also have to know how to curry and have an investment plan with the right strategy and the right trading tools for this purpose.

Unfortunately, we do not always have the best strategy or it may be that the ways of acting are not the most appropriate for the circumstances. And that's why there are so many investors that fail in the attempt. And that is precisely what we want to talk about today, but focusing on why they fail, which is perhaps what interests you the most.

Lack of knowledge and experience

A very main reason why many fail is that they go to the markets without knowing very little of what history is. Equally although it seems obvious the truth is that there are more traders than we think that really seek these alternatives to invest their money and do not take the trouble to know the market a little and how the operation works.

Most of those who lose money so often on an ongoing basis are for lack of knowledge, and clear experience. But the experience we already know is something that is acquired over time so what will be needed in the beginning is a solid basis of knowledge about the market, therefore the main thing will be learning .

And precisely the lack of training is one of the reasons why investors fail. So if you do not want this to happen to you too you already know what you have to do.

The influence of emotions

The markets are very volatile and there are many factors that affect the price of the securities that are listed on it. And precisely by referring to the concept of the psychology of markets we have to know how investors can not be carried away by emotions.

Markets may be influential, but you as an investor can not get carried away. As a trader you must be able to know the market and try to invest always with discipline, without letting yourself be carried away by the situation of the moment or by your own emotions.

In the field of investments the impulses have never been good, so take it easy, analyze the situation of the markets at every moment and take the precautions that are necessary before acting.

No defined strategy or useful tools

It could be the case that you bother with your training and know how to operate. However, it may also be that the same investor acts in the markets without a defined strategy and without the use of tools to improve your trading.

Operating without a strategy is a risk and without the proper tools of analysiseverything would be in the hands of intuition, and one can not negotiate in the markets, letting oneself be guided by intuition. We are already talking about the error of being influenced by emotions and feelings.

Tools are also very important, and making proper use of them can make the difference. However, the fact of not using them can sometimes mean that the operations we do bring us nothing but losses.

Not managing capital well

Another reason many fail is related to the capital to invest . There are those who invest money in excess, risking more of the account for benefits that will not measure up. Then we have a much more moderate investor profile that is not usually able to invest enough to make the gains noticeable.

In any case, whether you invest a lot or not, you have to know when and how to do it. In case of suffering too many losses do not have to continue investing, but on the contrary, you have to rest from trading and analyze what we are doing wrong.

At this point we should understand where we are and what we can do to improve our numbers. In this case in addition to strategy and investment tools an excellent idea may be to diversify capital.

Do not learn from mistakes

And finally, continuing with what we just mentioned in the previous section, it is important to have the capacity to reflect and observe our investment portfolio, analyzing what is good and what is wrong.

To improve the investment experience, it is essential to be able to learn from mistakes , otherwise we will continue to err and fail to achieve success. If you suffer losses very often you are probably doing something wrong, so knowing how to identify it in time will help you not continue to add losses.

In short, and since there is no perfect strategy, the possibility of failure will always be there. But it will depend on you to get out of the rut and enjoy the benefits of your investments. Therefore, another mistake will be precisely not to learn from mistakes.

As you have been able to verify in this article are many reasons of the failure of many investors. So that said I hope you take note and do not make the same mistakes.

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Difference between Spot and Futures in the Forex

Sometimes the terminology used in financial markets can be confusing and transactions in the Forex currency market certainly do not make things simpler. Sometimes a beginner trader hears terms like "spot" and "futures" without really understanding what they mean. Understanding these concepts is basic for any investor who has an interest in financial markets like the Forex as a means to increase their capital.

When talking about a spot transaction  in the market, the term refers to an operation that is done immediately. The spot price of a commodity, currency or stock is the price quoted for an immediate execution purchase / sale transaction, the settlement date of which is usually two business days after the date the transaction is executed. A spot Forex transaction is similar to saying I want to buy euros or US dollars right now. The spot price is fixed when the transaction is agreed. The spot market operates 24 hours a day and transactions can be made through a bank, via telephone or through the Internet.

Futures prices and contracts are slightly different. A Futures contract between two parties establishes or sets the price at the time the transaction is agreed upon, but in itself the whole transaction does not have to be executed or liquidated immediately. Both parties may agree that the transaction be made at a future date that is greater than the day or two that is regularly accustomed to trading in the Forex spot market.

When the date negotiated in the contract is reached, the transaction is made and the buyer makes the payment while the seller delivers the currency, raw material or stock according to the agreed conditions. In many cases the price of futures is fixed, but the delivery of the asset takes place three months later (in Standard Futures contracts). Futures are traded in centralized Futures markets such as the Mercantile Exchange (CME), although a high percentage of Futures transactions are made in OTC markets (Over The Counter). Unlike markets in which spot prices are traded (such as the spot Forex market), Futures markets usually have established trading hours as well as stocks in the stock markets. While there are also night markets for futures (markets in which Futures transactions can take place after the end of the regular trading session with these derivatives), they have very little liquidity and participants and are inaccessible to average investors.

The main difference between spot Forex trading and Forex Futures trading is the actual delivery of the assets. In futures, the price is paid when the contract is exercised or finalized and the currencies are exchanged. In the spot Forex market, the price is determined at the time the transaction is made, and the physical exchange of currencies is done immediately, at the precise moment of the trading or within a short time interval ( in most cases this period of time, also called the Spot Date, is two business days after the date of the transaction). However, many traders operating on Futures tend to close their positions before the expiration of the contracts.

In addition, trading in the spot Forex market provides access to a high level of liquidity and lower trading costs compared to Futures. Unlike these derivatives, spot transactions do not include commissions and other costs related to Futures transactions, such as NFA commissions (in the case of US-based brokers), which are generally passed directly to traders.

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Introducción a la psicología en el trading

Un gran error que los principiantes cometen cuando empiezan a aprender sobre el trading es que asumen que por el mero hecho de desarrollar habilidades de análisis, tanto técnico como fundamental, llegarán al éxito. De hecho, aprender a controlar las emociones es la habilidad más importante que le permite al trader ser exitoso, porque las emociones tienen el mayor impacto en tus resultados.

El éxito en el trading no se consigue gracias a una sola operación de trading, sino que se debe a un número de operaciones que utilizan la misma estrategia. Esto significa que el trader debe ser lo suficientemente disciplinado como para aferrarse a su estrategia, incluso durante una mala racha.

Sin embargo, los seres humanos no siempre se comportan de manera lógica y en muchas ocasiones las emociones nos influencian y actuamos de forma distinta a la habitual. El éxito de una estrategia de trading viene determinado por un número de operaciones de trading. Un trader exitoso debe aferrarse a las reglas de su estrategia y no permitir que las emociones se interpongan en su camino.

¿Recuerdas la última vez que estuviste muy enfadado? Quizá hicieras algo y tus acciones te sorprendieran. Y aunque luego te arrepintieras, en ese momento probablemente ya no podías hacer nada y además, en el futuro estás predispuesto a actuar del mismo modo si vuelves a enfadarte.

Esto se debe a que la psicología de una persona está compuesta por pensamientos y sentimientos que la incitan a actuar, de modo que la psicología moldea nuestro comportamiento en cada aspecto de nuestra vida – y el trading no es una excepción.

Las emociones son inevitables – especialmente para un trader nuevo o inexperto, y pueden evitar que tomes una decisión objetiva. Por esta razón, aprender a controlar las emociones se convierte en algo fundamental para realizar el trading con éxito, muy por encima de todo lo demás.

La zona

Cuando un trader piensa con claridad y no se deja influenciar por las emociones, se dice que está en la zona. Cuando estás en la zona, tienes el control sobre tu comportamiento y eres capaz de seguir una estrategia de trading de forma lógica y sistemática.

Para algunos traders es más fácil estar en la zona, pero aquellos a quienes les cuesta más pueden aprender a controlar su conducta y desprenderse emocionalmente de la actividad del trading.

Emociones que influencian en el trading

Las emociones del trading que tienen un impacto negativo en los resultados son la codicia y el miedo. Estas emociones hacen que un trader se desvíe de su camino, lo que le puede conducirle a más problemas, como el ego y el trading vengativo.

Los siguientes son ejemplos de estas emociones y la explicación de cómo pueden afectar negativamente a los resultados en el trading.

El miedo a perder puede dar lugar a pérdidas adicionales.

El miedo a tener pérdidas puede conducir a todavía más pérdidas. El comportamiento típico de un trader consistirá en cerrar las operaciones de trading antes, ya sea cuando una operación experimente una pérdida o una pequeña ganancia, y a no dejar que la operación de trading siga su curso completo.

Cuando un trader tiene miedo a perder, trata de evitarlo. Y de hecho, esto puede llegar a incrementar sus pérdidas.

Por ejemplo, un trader puede abrir una operación y situar su tope de pérdida, digamos que, a 20 puntos de donde está ahora – basándose en la estrategia que utiliza. En otras palabras, existe una razón técnica o fundamental que hace que esté situado donde está.

Sin embargo, un trader influenciado por el miedo seguramente cerrará una operación prematuramente, simplemente porque temporalmente va en contra suya. Así que si la operación de trading va en su contra, digamos que por 10 puntos, entonces la operación acaba con 10 puntos de pérdidas. Si la operación iba a ser favorable, entonces el trader ha vuelto esa operación ganadora en una con pérdidas debido a su miedo.

Otra situación se produce cuando un trader cierra su operación tan pronto como ésta empieza a dar beneficios, debido al miedo de perder esos beneficios. Esto significa que el trader ha reducido el total de beneficios a una pequeña ganancia.

Este comportamiento termina por convertir una estrategia beneficiosa en una que termina con pérdidas debido al miedo a perder.

La codicia da lugar a tratar de conseguir demasiados beneficios y acabar con mucho menos.

Un trader bajo la influencia de la codicia tratará de conseguir más beneficios y no cerrará su operación aunque su estrategia le indique que debería.

Cuando un trader experimenta codicia, significa que trata de ir a por demasiadas ganancias y se desvía de su estrategia.

Por ejemplo, un trader podría situar su objetivo de beneficios de acuerdo con su estrategia.

Esto significa que – al ponerse un límite de pérdidas – existe una razón, técnica o fundamental, para hacerlo.

Sin embargo, cuando la codicia influencia a los traders, estos no cierran sus operaciones de trading cuando la estrategia les dice que deberían – prueban y van a por más. Lo que sucede es que la operación se puede volver en su contra y al final terminar con menos beneficios, o lo que es peor, perdiendo la operación. Esto significa que de hecho son responsables de reducir la rentabilidad de una estrategia al tratar de incrementar las ganancias a través de la codicia.

Un trader influenciado por el ego nunca admitirá que se equivoca.

El ego puede afectar al trader haciendo que éste no cierre operaciones de trading cuando la estrategia le dice que debería cerrarlas, o haciendo que continúe con el mismo análisis de trading aunque la operación se haya detenido, porque en el fondo cree que ya tenía razón desde el principio.

Por ejemplo, si la operación de trading no sale bien, en vez de cerrarla de acuerdo con su estrategia, seguirá consiguiendo mayores pérdidas porque no puede admitir que se ha equivocado.

Otra situación podría ser aquella en la que después de obtener una pérdida después de una operación de trading perfectamente buena, el trader no fija los próximos ajustes de acuerdo con su estrategia. Y en lugar de esto, continúa sus operaciones de trading basándose en el análisis original, porque cree que ya tenía razón desde el principio.

El trading vengativo consiste en perseguir el dinero que has perdido en una operación de trading debido a la psicología del cerebro.

El trading vengativo se da cuando un trader persigue las pérdidas que ha tenido – está tan concentrado recuperando el dinero que falla al darse cuenta de que no está operando con un conjunto de reglas y que cada operación acaba siendo otra pérdida.

La importancia de la disciplina en el trading

Para evitar ser influenciado emocionalmente por el trading, tendrás que crear la disciplina que te permitirá pensar tan objetivamente como te sea posible. Esto es lo que enseño a mis alumnos cuando trabajo con ellos personalmente en mi programa de coaching personal en trading. Hay varias maneras de conseguirlo:

Operar con estrategias de trading probadas y testadas

Es mucho más probable que te sientas calmado bajo la presión si confías en tu plan de trading. Si una estrategia no ha sido lo suficientemente testada, podrían entrarte dudas que te acabarían conduciendo al miedo.

Trading en con Cuenta Demo

Tener confianza en tu plan te ayudará a estar tranquilo bajo presión. Prueba tu estrategia con una cuenta demo y acepta el riesgo.

Las pruebas y el desarrollo de una estrategia deberían hacerse en una cuenta de prueba antes de hacerlas con dinero real. Utilizar dinero real crea más presión, lo que acabará aumentando las emociones negativas involucradas durante la actividad del trading, lo que puede llevar a mayores pérdidas.

Aceptar el riesgo

Una estrategia con una ratio de ganancias del 100% no es realista. Debes estar preparado para aceptar pérdidas. Es normal esperar que cada operación sea favorable. Sin embargo, los traders inexpertos están predispuestos a experimentar un impacto emocional mayor cuando pierden.

Por otro lado, un trader rentable es capaz de aceptar las pérdidas como parte de la estrategia de trading y seguir adelante hacia la siguiente operación, sin dejar que la codicia o el miedo les afecten en sus futuras decisiones.

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