Psychology of Forex Trading

 

Here we will talk about how to plan your trade and what to do before, during and after

 
Forex Psychology Rule No.1: If there is no good signals to trade so don't risk and lose your money
 
Leave your emotions out the door, period.
 
If your professional and want to exists always in Forex there no many things to do but few basic

Actually you can earn 3% to 5% against your capital

When you have plan for 3% return it means your reducing your all risks

90% peoples mostly loose in Forex that's why 10% peoples becomes rich. Winners always plans for low return.


In these lines everything hidden
 
Why Do Many Forex Traders Lose Money? Here is the Number 1 Mistake
Why Do Many Forex Traders Lose Money? Here is the Number 1 Mistake
  • DailyFX
  • www.dailyfx.com
We looked at over 43 million real trades placed on a major FX broker's trading servers from Q2, 2014 – Q1, 2015 and came to some very interesting conclusions. The first is encouraging: traders make money most of the time as over 50% of trades are closed out at a gain. The above chart shows results of over 43 million trades conducted by these...
 
This will be continue 90% peoples will loose what ever study you pick. More loosing is big gain for few traders and that's they called big players.
 

People loose money because they don't know what is Forex

here good article about forex  <Removed>

 

traders think emotionally that he will be millionaire from forex by investing low balance account and high risk orders 

most traders open trades with no reason or good signals and no calculation of how much they will lose
 
appmaster:

People loose money because they don't know what is Forex

here good article about forex  <Removed>

I have removed the link because it is promoting a broker
 
Forex Psychology Rule No.1: do not be greedy, and you have to know when to stop even though the market looks promising!
 
Mohammed Mounir:

traders think emotionally that he will be millionaire from forex by investing low balance account and high risk orders 

most traders open trades with no reason or good signals and no calculation of how much they will lose
I had to remove all your posts with external link. That's your second warning already. Please read the forum rules.
Reason: