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Psicología del trading

La psicología del trading comprende todos los componentes mentales y emocionales que participan en el proceso de toma de decisiones mientras operamos en los mercados. Se refiere, por tanto, a aquellos aspectos de la personalidad y del comportamiento del trader que influyen en sus resultados.

Notably, there are many ways in which these aspects of one’s character are exhibited, be it through fear, greed, arrogance and even hope. But of the four emotions, fear and greed are considered to have a primary influence on trading psychology, particularly in regard to risk taking and discipline.

 

Being too greedy may lead to decisions that are considered overly risky. Being too scared can result in missed opportunities or hindered trading with little capital gain. Developing self-awareness is likely to help a trader identify recurring negative behavioural patterns and the way they cloud sound judgement.

 

This enables the trader to address the behaviours to ensure objectivity and rational trading decisions.

Finanzas conductuales: La influencia de los sesgos.

The study of trading psychology looks at the reasons behind traders making potentially foolish decisions in the market or pertinent to other financial matters. Behavioural finance in particular melds psychology and finance to investigate the impact of human behaviour on financial choices and trading outcomes.

 

In other words, it identifies psychological influences and biases that drive trader and financial practitioner behaviour and explores how this behaviour can affect market outcomes. Behavioural finance is also examined to gain a better understanding of different outcomes across a range of sectors and industries.

 

Additionally, behavioural finance proposes that financial participants are not entirely rational or perfectly self-controlled. Instead, they are influenced by psychological factors, and possess relatively normal, self-controlling tendencies. Behavioural finance also purports that decision making in the context of finance is driven by one’s mental and physical wellbeing. 

 

In other words, one’s mental state fluctuates based on the level of their overall health. Some of the most common behavioural biases include overconfidence, herd behaviour, mental accounting, emotional gap, anchoring, self-attribution, and loss aversion.

Trading emocional

Another popular term falling within the scope of trading psychology is emotional trading (or emotional investing). Similar to behavioural finance, emotional trading refers to behavioural impulses triggered by market volatilities, resulting in emotional buying or selling of assets.


El trading puede verse influido por una gran variedad de emociones, como el pánico, la avaricia, el entusiasmo, el miedo e incluso el exceso de confianza.


Some common examples of emotional trading decisions include overtrading, panic selling, confirmation bias, and others. Getting a handle on emotional trading requires emotional intelligence to maintain discipline and manage psychological stressors.


Engaging in ongoing learning and investing in personal development will help a trader acquire vital skills like self-regulation, empathy, and confidence.

Instintos de trading

An additional key aspect of trading psychology is the concept of trading instincts, i.e., the intuitive or gut feelings that traders may experience when making decisions in financial markets. 

 

Trusting one’s instincts however comes with a robust self-awareness and having the ability to separate a legitimate, rational decision from one driven by emotional impulse. It’s realising that one’s objectivity may be skewed or clouded by bias and taking the steps to rectify the problem.

 

Hay tres fenómenos que suelen influir en la toma de decisiones racionales: el sesgo sensorial (formarse una opinión con información potencialmente sesgada), la aversión a la vaguedad (el miedo a lo desconocido) y la tangibilidad de la anticipación (cuando el sentimiento de anticipación se convierte en el foco en sí mismo, en lugar de aquello que lo provocó).

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Gracias por visitar T4Trade

Este sitio web no está dirigido a residentes en el Reino Unido, y queda fuera de los marcos regulatorios europeos y de la normativa MiFID II, así como de las reglas, directrices y protecciones establecidas en el manual de la Financial Conduct Authority del Reino Unido.

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