Trading psychology is the change in the thinking of a person when he/she actively begins to trade in the forex market. Typically a person gets interested in forex, learns about it, tries their hand at it with a demo-account and walks confidently towards a real account and makes it. But now surprisingly he/she finds the whole feel to it completely different. The game has changed because hard earned buck are at stake. The indecisiveness and the apprehension about making trades get on to the person. This staggering change in the perception about trading is an example of a case of trade psychology.
Trading psychology can greatly influence your trading decisions while you are trading. An insatiable greed for more and the excessive fear of loss in the mind of a forex trader have seen to wreck the trading accounts of many traders.
Demo Vs Real
While trading on a demo ground your still on a training ground. The money is not your hard earned cash and you are unattached to it. Somewhere in your mind you know that the risks are not real. But a real account is like the real war.
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