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You need sound mind

Member Since Jul 19, 2020  56 posts Michihito Sep 12 at 14:31
A trader needs a sound and composed mind to trade currency. If we are not mentally stable we won't be able to make profit. We need to be emotionless during trading decision. There are traders who can do good market analysis but can't make money by trading due to psychological issues.


Member Since Jul 19, 2020  57 posts UweMoench Sep 13 at 14:35
Yes mind is very important when it comes to trading. We need the ability to control our emotions. Fear and greed always control us. Most of the trades we open out of fear or greed. We need a mental discipline to control our emotions.


Member Since Jul 19, 2020  59 posts AliaDare Sep 13 at 22:30
Trading is usually a game of psychology. If a trader is not mentally fit, he will never be able to make a profit in trading. There are many traders who have very good analysis but they cannot make a profit by trading for a long time. Because they cannot control emotions in their trading. Meditation should be done to control emotions.


Member Since Jul 20, 2020  69 posts ElliotCooke Sep 14 at 13:09
I completely agree with you. A trader needs a complete focus on his trading to make money from this risky market.


Member Since Jul 19, 2020  70 posts GeorgeBischof Yesterday at 11:07
YEs, you need a proper sound mind to concentrate on your trading and it will help you to make money from this risky market.


Member Since Jul 20, 2020  69 posts ElliotCooke Yesterday at 18:44
A sound mind is very much needed to make trade perfectly. It is one of the most imp[ortant things top make money from this market.

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