Why Paper Trading The Financial Markets Can Prove Disastrous

why you need proper trading psychologyTo begin with, most who attempt to trade for a living lose. The perceived easy street to riches isn’t paved with coin, but rather with dirt. It’s also known that the main reason why most traders lose is because they’re not psychologically prepared to trade real money.

What happens is they get blinded by emotion when trading with real capital, emotions which they didn’t experience while paper trading. Trading is more of a psychological game than a methodological process.

Successfully making money trading the financial markets is reserved only for …