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    Thread: Sharpness of mind is handy in trading (part 2)

    1. #51
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      Certainly the trader in the field of Forex is subject to many factors that can affect his analysis of the market, which requires him to prepare a great mind before you start trading and your ideas should be hatched which can disrupt your decisions This makes the trading share more transparent and clear to us.

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    4. #52
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      A trader should be swift in thinking, some opportunities will come and you might just be required to make a split second decision, forex needs a someone with sharp mind, don't over do this, just be moderate on everything, you will find yourself in the road to profitable trades soon.

    5. #53
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      Yes, a sharp mind will be able to control the trades more easily than a dull mind. The most profitable form of trading is scalping, and a sharp mind are usually more suited to this form of trading as they can easily enter and exit trade whether in profit or in loss.

    6. #54
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      Trading forex need expectation with prediction to encourage you to enter without fear or without confusion .If we have good learning with good system i think we can earn without any problems and always follow the great trend because all the small trends will end in the big one

    7. #55
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      Yes friend only a sharp minded trader is able to learn and understand about Forex properly and quickly.He can take intelligent and practical trading decisions,memorize his previous mistake and work with proper planning strategy and management.A sharp trader can handle different condition in market very effectively.So we must train our mind to make it sharp by doing lot of focus exercises and meditation.

    8. #56
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      Sharpness of the mind or call it smartness is very much needed in the forex business . An average forex trader should be able to reason very fast because most of the time the time between loss and profit is just some few seconds and the differences between good and bad trade is just little so we must be able to think and act fast any time we are before the computer system. Traders reflex must be very alive at any time.It is not enough to work hard in the forex market , we must learn to work smart too.

    9. #57
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      yes sharpness of mind is important so if you do not want to improve your thinking ability then you are not willing to make profits as a forex trader because if you are willing then make sure that you get more education about the forex trading business.

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    11. #58
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      Having a sharp mind indeed can be helpful for our trading. But if we want to make a more profitable trades than losing trades,having sharp mind only is not enough. We need to work hard too,by doing a lot of practice trade to get more experience in trading.

    12. #59
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      A useful and good topic and I hope it benefits members and because the forum has a lot of useful information

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      The first thing you need to do to develop the proper Forex trading mindset has realistic expectations about trading. A lot of people seem to be unaware of the fact that they are trading with a mindset that is inhibiting them from making money in the markets.

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