yes it is true if you fail to control your greed your emotions you are the worst enemy of yourself as this will drive you again and again to take foolich decisions and it would result into bad consequences.
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yes it is true if you fail to control your greed your emotions you are the worst enemy of yourself as this will drive you again and again to take foolich decisions and it would result into bad consequences.
Basically if there is no mindset of studying from our error then its difficult to endure in Currency trading because in Currency trading we must do error and there is very very great possibility to do it again . so need to understand from our error and must be get ready ourselves to take reduction also because its a aspect of Currency trading and it must be occur if we business . so with positiveness we must need to take our reduction.
When Forex trader not able to put control on emotions, trader may be dealing with some dangerous factors and some time it may give heavy losses in trading. So trader's called enemy of him/her self in Forex trading.
self is the real enemy in trading forex, we tend to be difficult to avoid poor trading psychology, and psychology can lead to errors and losses in forex, we should be able to train in order to make trading psychology trading well
if we traded in a good status and be relax during trading we will be able to control our emotions and in this case we will not lose any thing in forex because these are the serious mistakes
Emotions are enemies trading.You Forex must deal with them as you treat with your enemies.I means to say, when you feel some emotional problems such as fear or feeling anything else, you should avoid trading at trading time.Forex and intervene emotional endboth can not be mixed and can occur at the same time.May whether it can happen, but you should expect the worst results of your trading, then
Its really very good topic to discuss. This means, emotional driven activities make the trader fails in trading and loss all the invest. Here the trader must have to patience and very much calculative. Other wise all invest might be vanish within few minutes. They must know how to analyze the market and how to invest.
Its the real fact that most of us know but still fail to improve because of our weak mind. Thus, only traders who have very strong mindset realize the importance of controlling their emotions while trading in the forex market. Such traders have very realistic plan and achieve the same to succeed in the business.
Learning from your mistakes is getting more experienced. If you are learning then you will be earning at some stage of your trading career. But if you are repeating the same mistakes over and over again, then you can never make success on the long terms in forex trading.
To a great extent we traders are the big problem that prevents us from succeeding in forex trading. Knowledge that a trader could gain from trading forex helps a forex trader to succeed personally.