Psychology plays a big part

Nov 19, 2020 at 12:00
162 Views
2 Replies
Member Since Jul 19, 2020   751 posts
Nov 19, 2020 at 12:00
Psychology plays a big part in forex trading. In trading 90% is psychological and rest are technical and fundamental. So if you want to tune yourself up as a forex trader, I would suggest you to learn trading psychological. What is called psychological analysis. It involved being discipline in trading. It also teach how to control your emotions while trading.
Member Since Nov 18, 2020   1 posts
Nov 19, 2020 at 15:57
Which psychology book will you require beginner like me to read
Member Since Jul 19, 2020   788 posts
Nov 20, 2020 at 00:20
Trading profit cannot be made if trading psychology is not managed properly. It is never possible to profit consistently from trading if you have emotions. So every trader should have psychological control.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.