Psychology in Forex Trading

Trading psychology is the perception change that you go through once you are actively in the markets trading your own money. When trading in a demo account it seems like it would be easy to make money and there seems to be no reason why you wouldn’t be able to start making money in a live account. Then you make that first live trade and you start to feel indecisive about when to take profits or cut your losses. You have just discovered the effects of trading psychology.