We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings.
Thank you for your understanding!
Michihito posted: Fear and greed are the two emotions that cause a lot of trouble to traders. It's one of difficult tasks to control emotions but it's possible. We need extreme discipline to control our emotions.
I think fear comes from losing money. So, I recommend investing what you can afford to lose.
The fear of losing everything is bad for business. You should try to control this fear as it might lead you into doing something you don’t want to and even prevent you from winning more. This fear can be bad for business.
I have seen people say that your emotions are your enemy when you are trading forex. But I find controlling emotions as the biggest challenge. I try my best to control my emotions but it doesn’t always work.
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.
Sorry! We don't do any tests on your browser, if you want to explore a full usability of out application, please use the last version of "Google Chrome".