Objectivity

The most difficult lesson for all Forex traders: market exchange anything can happen at any time. Since traders spend much time studying the mechanisms of the market and focusing on the methods of forecasting currency movement, it is logical that they are looking for rules that govern the market. However, no such rules, and that the main trick.

Traders have many online tools can help you find the right time for the opening and closing trades and make good trading, but most have their favorite instrument, on which they rely most. And opening position, they are watching one indicator and base all their decisions on what shows this same indicator. All other indicators may indicate the opposite trend. As a result, the deal turns out to be unprofitable.

The problem is that in his mind a trader creates expectations and the market ceases to assess objectively. It uses a favorite indicator to reinforce this expectation, instead of stepping back. You need to learn not to fall into the two-digit positions. To do this you need to understand and accept that the market has its own line of conduct, rather than trying to turn the market as this would you.