Some of the traders who fail in here in the forex market is because they are not able to know where their weak point is. This thing will make them not to be able to discover what is the main cause of their losses. Every trader has his or her own weakness and better if the trader discover it quick.
Mar 24 at 11:00
According to me, most of the traders fail when they get impatient and want to earn quick bucks in short span of time. One should understand that it is important to have a control on the emotions and focus only on enhancing the knowledge in order to get successful in Forex market.
Mar 24 at 17:44
KnowFinance posted:
According to me, most of the traders fail when they get impatient and want to earn quick bucks in short span of time. One should understand that it is important to have a control on the emotions and focus only on enhancing the knowledge in order to get successful in Forex market.
Ture. There is no way to become rich overnight. Don’t even think like that.
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
Mar 25 at 13:20
Tremblay posted:
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
It is better to trade without any emotion. But it is hard to do than say.
Apr 07 at 11:11
People fail mostly because they are not aware of what they are doing and are hasty enough to jump into trading forex. They should practice more.
Before risking money, a trader must analyse what they are capable of doing. By doing introspection, they will be able to make better trading moves in the market.
Apr 08 at 01:35
One of the reasons for failing in trading is not maintaining discipline and plan. If I plan, I will be able to make a consistent profit.
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