You need sound mind
Jul 27, 2022 at 05:16
Letting emotions dictate trading decisions is the biggest error any trader can make. A successful forex trader will experience numerous little loses as well as a few large profits. It's better to have a positive mindset and shouldn't feel overwhelmed with losses.
Aug 04, 2022 at 07:09
Every trader is different and they undergo several emotions. When trading forex it is important to be mentally fit else we can face severe losses. To keep emotions under check, formulate your trading strategy based on your needs and market knowledge. Identify and set up your risk levels and benchmarks on when to enter and exit. Keep revising the plan time and again to ensure you are on the right track.
Aug 14, 2022 at 16:45
Indubitably agree with your words. Calm mind makes me feeling much better during trading, because I an make wise decisions and this is the most significant thing ever. Ofc, sometimes we can't handle our emotions and we are under their control, nevertheless there are bunch of techniques which allow traders to watch for their emotions and their reaction on various situations. I remember the days when I was so calm that I really lost over the 50% of my balance and stayed calm. I didn't know why, but I liked it =) Guess that we should learn how to stay calm as calmness helps us not being angry, anxious, sad and so on so forth.
Membre depuis Aug 17, 2022
posts 80
Sep 03, 2022 at 09:55
paulajen posted:The ability to control your mind is crucial in trading, I agree.
yes, that is very true to survive long in forex trading you need to have a sound and calm mind
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