Could Self-confidence be dangerous too?

[Judy Mank]

1. I was thinking is self-confidence really that helpful in the forex market? Self-Confidence could be injurious as much as it could be helpful depending on the conditions and the manner in which it is applied. In very strangling conditions you need self-confidence to effectively make challenging decisions, enough self-confidence to defeat doubts so as not close a winning trade. Yet a misplaced self-confidence would make you go on a dead move even if when you are quite aware of it but just choosing blindly to belive in your fake confidence.