Forex trading is one of the most challenging ventures a person could probably undertake in their life. Going to the gym and building muscle won’t help you, nor will going to university and getting a fancy degree. This job requires psychological features of strength, which most new traders do not have, and sadly may never get.
Successful trading basically comes down to how disciplined you are. You might have the best strategy in the world but if your head isn’t in the right place, you will end up just being another statistic.
Most traders are disappointed with the unlimited money making potential of the market against their own performance, and are acting out of emotions like desperation, greed or fear to try and close the gap. Here are 7 reasons which are classic tell-tale signs that a trader is self-sabotaging their chances of success. Can you reflect on any of the following…?
Random Decisions/No consistencyYou’ve got a 50/50 chance of winning a trade right? I mean the...
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