| Course Name: | A comprehensive course on the psychology of trader behavior (C.C.P.T) |
| Course Code: | C901098 |
| Level: | Fundamental |
| Time: | 24 hr. |
| Certificated by: | World Business Organization |
| Prerequisite: | – |
| Date: | 15 November 2024 |
| Host Countries: | Japan, China, South Korea, Singapura, India, Islamic Republic of Iran, Tajikistan, Thailand, Georgia, Turkmenistan, Philippines, Malaysia, Uzbekistan, Switzerland, Italy, Danmark, Netherlands, Poland, Germany, Canada, Brazil, Mexico, USA. |
Life is short and I don’t want to waste it on misplaced priorities. Your happiness and that of your family are far more valuable than that extra dollar. An important part of learning how to trade is finding a style of trading that is right for you. Don’t worry if you see a successful trader on television who is doing something entirely different and making a fortune.
Traders often take years to discover and accept their comfort zones as they learn how to trade. Some prefer to take trades with a high probability of success, which is fine, but they understand that there is a trade-off. High-probability trades usually have a relatively low-profit potential compared to risk.
Other traders want a reward much bigger than the risk, and they don’t care that this means that they will be taking trades that will lose most of the time. They know that if they manage their trades well and go for a reward that is two or more times greater than their risk, they will make money even if they lose money on 60% of their trades.
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