Thanks for sharing. I agree that the way you let your mind think needs to be controlled as otherwise it will affect your actions negatively. This is something that many traders fail to do and the main reason which leads to losses. You have to be as rational and careful as you can when trading.
Trading is all about being practical and calculative. Your emotions, thoughts, and fear may act as a roadblock to your success. Make sure you keep hold on to your emotions and bring your strategies in action
I tend to suppose that trading psychology is one of the main things in trading activity at all, because literally everything depends on psychology. Basically, it's the same in real life. In real life if you wake up with a goo mood and positive thoughts then your day will be great. As soon as you sit down in fron of your computer/laptop/smartphone and think of trading activity you have to set up yourself positively. If you have a bad day then think of it like about experience and setup yourself on the next day like 'today is bad, however i'm sure that tomorrow will be the great day'. In my opinion, it works like that.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.