sebking1986
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I agree, it's learning how to control your emotions rather than aiming to "eliminate" them. We want to stay human, just not make knee-jerk decisions with our trades.
I agree a lot of new traders think they can make easy money without doing the researchBeginner traders are more dreaming than their actions. They want to make high amount of profit in less time. This practice is a big mistake can be dangerous . They are in hurry do not want to waste their time in learning and practice. They do not know how much valuable this practice will be for them in real trading.
Included this reason why many traders get fail in forex trading, usually novice trader they too much eager and want make money after reading forex promising business, but when directly face the real condition, they will feel differentThe bad habits which beginners have is coming without knowledge, overtrading and taking emotional decisions.
Yes, that's my style I tried forex trading four years ago, and it was such a disaster! It seems so intuitive and straightforward, and it blindsided me. I was so sure that I got a hang of it, and I even was successful at first. But, I quickly realized that my success was pure luck... Anyway, I quit forex after my failure, and recently I made a decision to try it again. But this time, I take time and do my research.I agree a lot of new traders think they can make easy money without doing the research
Knowledge takes time
Like i said multiple times, it`s getting easier when you risk only what you can afford to lose. That`s the key i think.I agree, it's learning how to control your emotions rather than aiming to "eliminate" them. We want to stay human, just not make knee-jerk decisions with our trades.
Yes, the golden rules of investing money in high-risk business included forex investment, spending money that affords to lose, avoiding borrowing money to invest in forex because will double stress when fail and losing all money.Like i said multiple times, it`s getting easier when you risk only what you can afford to lose. That`s the key i think.