When it comes to trading on the Forex market, winning is a matter of the mind rather than mind over matter. Any trader who’s been in the game for any length of time will tell you that.Playing a winning hand depends on knowing your own mind – and understanding the way that psychology moves the market. Anything involving winning or losing large sums of money becomes emotionally charged. 
All right. You’ve heard that playing the market is a mathematical game. Plug in the right numbers, make the right calculations and you’ll come out ahead. So why is it that so many traders end up on the losing end of the market? After all, everyone has access to the same numbers, the same data, the same info – if it’s math, there’s only one right answer, right?
Saturday, March 31, 2007
Forex Psychology Explained
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3 comments:
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