Psychology of Forex Trading - page 8

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Forex Psychology: The Forex market guided by support and resistance levels and if its not clear don't trade by guessing 
 
Forex Psychology: Don't open a trade by wishing or hope it will be a winning position as if you are gambling
 
Forex Psychology: The best quote for profitable trader is "Less is More" by opening small position volume and most of your positions are in profit through long period 
 
Forex Psychology: Don't feel excited from unrealized winning trade
 
Forex Psychology: Don’t risk more than you can mentally afford to lose
 
Forex Psychology: Don't over trading if you win continuously trades, take some rest to refresh your mind 
 
Burhan Guvenc:
Make EAs work for you. They have no emotions :) 
And have no brain :-)
 
Forex Psychology: Plan your trade; Trade your plan
 
Forex Psychology: Profitable trader is not the smartest but he is more disciplined than the others 
 
Deevog:
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.


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