The only reason people trade with Forex is to make money, and that's something you should certainly remember. You're there only to make money, and sometimes that takes a slow, methodical, logical pace. This is money you most likely need to survive, so take great care of it in there. The Forex financial market is very demanding from a psychological standpoint, so it is imperative that you know yourself. You must know your limits, fears, risk tolerance, and your confidence in your analysis. Don't make gains turn into losses by making decisions based solely on gut feelings. Here you will have to be subjective and scrutinize every move made. Set trading goals for yourself and stick to them. Define your own failure, and your own successes. Define a timetable and a process as well. This will help you to gain a clearer vision and make way for a patient, yet persistent, approach to trading. The goals also make it easier to abandon things if they're really not working out. Inves...
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