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You need sound mind
Sep 12, 2020 at 14:31
Miembro desde Jul 19, 2020
posts 310
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.
Sep 13, 2020 at 14:35
Miembro desde Jul 19, 2020
posts 749
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.
Sep 13, 2020 at 22:30
Miembro desde Jul 19, 2020
posts 742
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.
Miembro desde Jul 20, 2020
posts 278
Miembro desde Jul 19, 2020
posts 283
Miembro desde Jul 20, 2020
posts 278
Miembro desde May 19, 2020
posts 321
Jan 24, 2022 at 12:09
Miembro desde Nov 03, 2021
posts 53
The forex trading grind can be really tedious and can rip you off of your peace. What helps me to keep my mind fresh is my lifestyle choices that are definitely not related to trading. Spending time with my family, taking breaks, paying attention to my physical and mental health helps me to stay focussed during trading sessions.
Miembro desde Aug 10, 2021
posts 172
Miembro desde Apr 09, 2019
posts 516
Miembro desde Jun 07, 2021
posts 70
Miembro desde Mar 16, 2021
posts 447
Miembro desde Jan 11, 2022
posts 45
Feb 01, 2022 at 07:37
Miembro desde Jan 11, 2022
posts 45
Doing forex trading with a sound mind and a good strategy will bring you a lot of profits. A trader should always do forex trading with a sound mind because it will affect the way you trade. It is not good to do forex trading while you are angry or sad, because emotions can affect your judgement and you won’t be in a position to make good decisions.
Miembro desde Aug 05, 2021
posts 394
Feb 02, 2022 at 17:54
Miembro desde Aug 05, 2021
posts 394
I think a lot of us get blindsided by the emotional aspects of trading, especially since demo accounts don't really prepare you for it. Suddenly it's a lot harder to stick to your plan when real money is on the line, but it's crucial to get past that.
Miembro desde Jul 23, 2020
posts 816

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