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The reasons many traders acquire losses is because they can not control his own emotions while in the Forex market. they always rely on their emotions without thinking of the side effects of that nature. after he realized he would get the loss they realize that the act he was doing was wrong.
Yes, foreign exchange, which is quite different from the other online business, at least this is the business. Foreign exchange will help to develop other online businesses. Because, if you do business successfully, then you earn well, if necessary, you can collect the money for other online business. May be to start an online business next to other foreign exchange you.
when we talk about the emotions that cause losses in forex business then I call negative emotions. as we know if the emotion is twofold, first in the form of positive emotions. second, in the form of negative emotions. Negative emotions can be the attitude of greedy, angry, upset or impatient. negative emotions can make us lose in trading because it makes us lose direction and break our trading plan.
based on the view primary approval connected with highest journeying will be experience. experience makes trades unaesthetic, vexation along with undisciplined. consequently drilled monger outgo their particular money way along with rules.
I think that emotion is not only the main cause for the loss it depends on the various issue for example:money management, good trading strategy, and market analysis. Predict price trading is the harmful.
who are not well educated and do not know how to trade. The main thing over here is you can earn the money. The emotions can cause the big loss then the bad money management in the forex trading
Not only the emotion is not the main cause for the loss but also here are many reasons for example:lack of good knowledge, lack of money management process, lack of market analysis.
Hi friend emotion is very important matter to reverse not only Forex not also life. I think when a trader can control his emotion then he can make profit in Forex market. thank you for sharing this topic
Reasons for the loss of multiple Forex loss because of greed and love of profit over and lack of patience too, and all those qualities come because of lack of control in the passion and thus 95% of the reasons for the loss in Forex because of the emotions that must be controlled trader
Feelings are generally part of the actual buy and sell with your companions. However this happens only to professionals, who are properly prepared and also learn how to buy and sell. That they receive emotive and also guess whom that they abandon buy and sell losses and will also be bought at the same time a great reduction. Most signs can be cash managing.