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Forex question Forex trading is all about controlling your mind?
avatar BoyceAve
Question by: BoyceAve - 02 May 2016, 01:32:27
Forex trading is all about controlling your mind?
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Answers (1)
avatar user 9272
Answer by: Reyniel - 02 May 2016, 01:35:00

Forex trading psychology is a crucial aspect of successful trading. Trading psychology has to do with the emotional state of mind when trading. Most times, people fail in Forex trading because of emotions and trading anxiety that can result in uncalculated trading. The consequence normally is poor returns! To trade efficiently, you have to take charge of your emotions, eliminate any trading anxiety, be confident and ensure you avoid silly trading mistakes that can cost you money.

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