There’s a psychology behind trading.  It’s about the perceptions change that you go through once you’re actively in the markets trading.

Trading psychology and trading psychology issues are the predominant reasons why traders lose.  It has been widely discussed in books and lectures that it has been a convenient excuse for losing.  What is trading psychology?  Trading psychology is an attitude or a reaction that a trader creates from existing personality traits.  These personality traits might not be even related to trading or to market, but they surface from trading.

Common emotions brought about by this personality traits are fear and greed.  Fear has a big effect on trading opportunities.  Deals or trades might not be made because of fear or they might be closed prematurely before they reach or have a chance to profit.  Meanwhile, greed will cause you to make trades which are too risky or too large while trying to accumulate gains.

Other emotions you’ve to check is failure and discipline.  Failure is perfectly normal but we shouldn’t let this get us down.  Failure is expected and should make us better.  While, discipline is about sticking to your techniques and never deviating from it. There are traders who change their techniques if they’re having a winning and losing streak.
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