Saturday, 1 December 2012
Psychological Phases Every Trader Goes Through With
Trading in the foreign exchange market is not just based on the fundamental or technical analysis; in fact it's much more than that. You must have witnesses the scenarios where the market moved in the opposite direction after the data release, or even ignored its technical points due to strong fundamentals. There is more of a psychology involved in this market that plays a key role in driving the movement of the market, where many make profits while many lose because they could not get hold of their emotions - greed and fear. There are a few psychological phases that every trade goes through with, understanding of which could help you curb your losses and trade green more often.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment