If you only listen to the broker’s marketing promos, then trading sounds very easy. The word is deliberately written in capital form so that we remember: losses are definitely unavoidable in life, including in forex trading which is famous for the lure of lucrative profits. This is an aspect of forex psychology that novice traders need to know.īefore starting forex trading, you must understand that all forex traders must have lost. However, the success of a trader is not only supported by knowledge alone, but also determined by the mental and frame of mind during trading.
If these knowledges have been mastered, then we can decide to do forex trading.Īlso read: 9 Types of Orders in Forex Trading that Traders Should Know To be able to trade forex independently, you need in-depth knowledge of the mechanics of forex trading and analysis.
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