Monday, May 3, 2010

TRADING IN FOREX, A MIND GAME

Almost all players except a small number of successes by those who actually made millions and billions on the market, usually spend their time trying to learn the easiest part to perfection, like how to read and diagrams, and try to complete entry and exit skills, etc., but in trading information on mental game, and without the right mindset, he has already lost the battle before it begins. spirit trader's education is the first step in an active trader, but almost all new traders forget that part and this explains why more than 95% traders in the failure of the long term. For information on the market is not difficult for anyone with average intelligence a few difficult years of research on the market. But this is not intelligence or information that decides the result of the activity of the professional market. It is the process of decision making that is so hard to gain the most players and is the main reason for the success or failure for all traders. Some are easy to make decisions and stick to it and most of them so difficult to make decisions and stick to it. Unfortunately, all decision-making process of pain-commerce and people try to avoid the pains and pleasures go, albeit temporary. Through surveys and studies, the merchant must make decisions, so that this knowledge and the system in practice. Inputs and outputs can never be "irrelevant" to a broker for any purpose. It's just the psychological aspects of trading are much larger than the inputs and outputs, and crucial to the success or failure of an operator in the long term. Perhaps the outputs are more important than the notes, because no complete or nearly complete registration is only possible after the event.

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