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You need sound mind

Sep 12, 2020 at 14:31
Vues 1,841
65 Replies
Membre depuis Jul 13, 2022   posts 19
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.
Membre depuis May 30, 2022   posts 27
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.
Membre depuis May 04, 2019   posts 31
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 Sep 02, 2022   posts 15
Sep 02, 2022 at 12:05
yes, that is very true to survive long in forex trading you need to have a sound and calm mind
Membre depuis Feb 15, 2022   posts 219
Sep 03, 2022 at 07:18
For betterment in Forex trading, traders must beautify their trading qualities. Greed and emotion are the worst human qualities that inspire a trader take high risk in trading and go bust.
Membre depuis Aug 17, 2022   posts 80
Sep 03, 2022 at 09:55
paulajen posted:
yes, that is very true to survive long in forex trading you need to have a sound and calm mind
The ability to control your mind is crucial in trading, I agree.
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