Lesson 13 – Trading Psychology

Inviato il 10 November 2008 da Forex Staff

Trading psychology is one of the keys to investment success, specially in the forex market. The fact is the majority of traders lose because they cannot control their emotions. Why the majority of traders lose There is one statistic that has remained constant since the beginning of investment records - the ratio of winners to losers has remained constant over time. On reflection, this would seem a startling fact; despite the massive advance in communications and economic forecasting methods, the ratio remains the same. The thing is that if technology has not helped to decrease the 90% or 95% of traders that lose money ...