The common emotions.

 

It is important to know the common emotions in dealing to Forex esp. for the newbie in order them to know how to control. This emotions are as follows:

1.Agressive in trading currencies.

2. Greedy (trading even it is unnecessary)

3. Losing patience (Cannot wait for the right time to trade esp. when a trader is affected by a market noise)

4. Overconfidence ( No system can predict currency movement, meaning even if you analyze the chart efficiently, still it is possible to turn against to you direction)

5. Excitement (Applicable for the newbie, it doesn't mean that your virtual account in demo increased, you are knowledgeable enough to trade, Forex takes time to learn)

Reason: