Peter Webb – Bet Angel – The psychology of trading – “The Devil inside”
Scalping the 1 5 market England v Wales
One of the areas of trading that has fascinated me for a few years now is the psychology of trading.
I started really digging down to understand how the psychology of trading worked when I showed somebody something that definitely worked, but they couldn’t do it. I just couldn’t understand why. All they needed to do was press a few buttons to order!
One of the things I discovered is that whether you trade or bet there is an imbalance between your emotion and logical side and that’s often the cause of knowing what to do, but not being able to do it!