http://www.marketgeeks.com There are many methods for day traders who are just starting out. These easy day trading for beginners methods will help you achieve your goal when your starting out day trading.

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Understanding Trading Psychology
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Biggest Piece Of The Trading Puzzle
Trading Psychology

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Your Mind Records Past Experiences
Start out losing money in the markets
The mind begins to associate the financial
market with negative emotions
This causes variety of reactions in most
people ranging from headaches to severe
panic attacks
Avoidance Behavior

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Similar To A Traumatic Experience

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You Deal With This Head On
You have to make yourself see the market
objectively just like you did before you
started trading
You must reprogram your mind to see the
market as neutral without any hidden
agendas or negative motives

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2 Ways To Deal With The Problem
Limit your risk to fraction of your current size
Do not avoid markets
Trade to gain confidence not to make money
Positive exposure is the key
With time your mind will change how you
think about the financial markets

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Basic Human Psychology
Our society conditions people so that when
they get the right answer they know they are
doing something right and when they get the
wrong answer they are conditioned to believe
that they are doing something wrong

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Principle Does Not Work In Trading
The mind believes that by holding on to a losing
position there is a chance that the position could come
back
If the position comes back then the traders obviously
made the correct decision and therefore he is a good
trader
Conversely, when traders are in a winning position
they quickly take profits so that they can feel like they
made the correct decision
Notice That Being Right Is The Major Concern

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Being Right And Making Money
Profitable trading is based on risking winners so that
they become bigger and liquidating losers quickly so
that they don't become bigger
Beginners cut winners so they don’t turn into losers
and risk losers so that they potentially turn into
winners
Do You See The Difference Between The Two
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Things To Keep In Mind
Psychology Can Be The Biggest Barrier
Identify The Problem
Take Steps Necessary To Solve This Problem
Psychology Does Not Improve By Itself
We Can Help!

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Understanding Trading Psychology
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Download Free Trading Report
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