To become a successful Forex trader, you must not only thoroughly study and analyze the online forex trading currency market, as well as skillfully manage capital, but also learn to master their emotions, feelings.Unfortunately, very often Forex traders do not pay enough attention to the psychology of trading. Your success in the market will depend not only on the instantaneous gusts, but from the sound decision-making and entrepreneurial instincts.
Forex trader, well controlling his emotions, able to balance on the verge of greed and caution. Virtually any known psychological technique will be effective when working Forex trader. And will help him to remain within his personal strategy, rather than take the risk, taking momentary decision.
Most likely, you will encounter the following difficulties, if you engage a professional trade market Forex:
- Lack of discipline
- Uncertainty
- Full trust strangers prediction
- Excessive sales
- Gluttony
We advise you to read the following books on psychology Lara Tweed
Psychology of Finance - M.: "IR" Analytics "2002. - 376 pp.; Thomas Oberlehner Psychology of the market Forex - M: Omega-L 2005 - 330s
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