We need to be psychologically strong to make good money like experts.

[irfan]

Yes, it's true that we should be mentally strong if we want to get success in forex. Psychology is the main factor in all financial business and we need to be mentally so strong so that we can take timely decisions for getting more profit and to avoid loss.

[hello927]

One must be strong enough to trade in forex. Mentally it must be born in the mind of trader that he is the winner and he hates loosing. Trading depends upon confidence if one looses his confidence then he can not handle the situatiion .One must be strong pyschologically.

[slametzz]

weshould have a strong psycology thar we are always able to anticipate all posible. psycology if we are strong we will not waver when we experience loss. and not too happywhen a profit. prosses patience will lead to statis factory result.

[Gecko]

Discipline and not greedy, it is also a key element in forex .. often times we feel we are a very good strategy and a lot of profit, so we feel able to continue trading in any market condition, but it turns out to exceed the ability of our trading capital, is where the discipline is needed, so do not take reckless open trade.

[didikebenaran]

Although foreign exchange is all about psychology. This model is a risky business, that business will go through different psychological areas. Fear, greed, the attack on this matter is concerned. If trader is able to manage them properly,he will be able to make good trades,They can manage on their own since this people are already experts traders all their life it is already in their blood on how they manage their trade. Since they are already strong in psychology.

those who already have a lot of experience in this business they will certainly have a lot of experience in their trade and I believe they also have the ability to control a good psychology in their trade because they are used to market

[TauqeerHaiderRizvi]

Although foreign exchange is all about psychology. This model is a risky business, that business will go through different psychological areas. Fear, greed, the attack on this matter is concerned. If trader is able to manage them properly,he will be able to make good trades,They can manage on their own since this people are already experts traders all their life it is already in their blood on how they manage their trade. Since they are already strong in psychology.

[incredibleindia]

Forex trading success is equally very dependent on the strength of our trading psychology. This is important for the simple reason that the trading psychology also directs how much risks we take in Forex.

[zahidrock]

we must always be emotionally powerful since right now, there will likely be time in buying and selling occupation whenever we shall ought to take strong decisions, in addition those people can easily imagine therapy of majority of merchants planet provide an second hand in receiving trade.

[playfx]

yup, beside a strong capital, lol, strong psychology also needed in forex trading. without it, mostly we'll likely be defeated each time we face some close the edges situation. good pschology os differ from courage. psychology need good thinking about the money management.

[penjualdolar]

Psychology plays an important role in forex, we need to take prompt and right decisions, we need to handle risky situatation and we need not lose patience while market is in panic, and those psychologically stronger may do it well.

yes you are correct, psychology has an important role in our trade, because psychology will determine our discipline of our strategy and management of our money, so we should try to have a good psychology when we do the trade.