Forex trading is a game of probability

Forex trading is a game of probability

20 April 2020, 18:31
Nguyen Hang Hai Ha
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In every human being we have a lot of emotions in each situation we express in a particular way.Sometimes the emotions temporarily overwhelm the reason that affects the big picture. Forex market to curb feelings of greed and fear and fools actions is more difficult. So always remember: "Forex is a game of probability"

Why :

 - There is no a rule, a formula, a teacher or a saint is always right in this market.
 - There will be orders of losing orders alternating during the trading process.

 - To win in the long run is important when you are lost and how much you lose.

Why should you understand this:

 - Avoid delusion, I definitely have to win this order
 - Objective psychology, compliance with capital management plans
 - Meet a row of orders without arrogance to win a sequence of orders without losing
 - At least follow a method a few months after a command sequence to know whether it works or not
 - Compliance with SL not stuffed orders, gong interest to touch the TP or enough new key rate

 - Understand the rational market more actively, minimize the temporary emotions.

Conclusion:There are people in your mind who only think about profit, never read the knowledge of overweight, lose 1-2 orders, then negative depression that you do not understand that success or failure is  by yourself.

Please identify yourself into the walking market, this is your career, so the long-term plan and climb every step like climbing stairs. Remember life changes when you change yourself.

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