Dear friends,
Forex trading is all about psychology.Those who are losing money in forex are not able to control their emotions.So i decided to help those beginners with my blog.pls visit
You maybe right. But sometimes it's all about setting the leverages. Some traders want to increase their income so they set high leverages which causes big time losses especially if the market is in its volatile state.
Sorry, I don't think it's all about emotions. Its all about understanding money market and skillful analysis.
That;s true. Thanks for this forum becasue I am learnig lots of from this forum. I was looking for forum like that for a long long time.
People are getting emotional if they lost a lot of money, because money making is not easy. We need to work hard for making money. It is difficult to control emotions in these situations. This is human psychology.
Hi all,
I think Trading well in forex requires the ability to control and ignore one's emotions. Conquering your greed and making risk management part of your routine will get you there. In most cases, this also entails assessing potential dangers and taking measures to lessen and avoid them
Traders often have to think fast and make quick decisions, darting in and out of stocks on short notice. To accomplish this, they need a certain presence of mind.
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