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    Page 8 of 8 ... 3 6 7 8
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    Thread: For the forex trader mind set up is important (part 2)

    1. #71
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      Hi guys I hope you all are well.
      Yes of course mind set & planing is necessary factor involve in forex trading. Set your mind that you have to post 20_25 per day . Set your mind about profit that you have to get profit 10_15 $ per day . And also of the week .
      Be determind that you have to achieve your goal .


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      Quote Originally Posted by chalona     
      The mind set up is very important for a trader, if a trader start to trade with a very disturbed mind then there are so many possibilities to make mistakes while he is making the market analysis or the money management, so in the result he may lose his precious money, so try to trade with a calm mind which will help you to avoid any unwanted mistakes. and can make good profit instead of loses.
      Market analysis in forex trading need high level of reasoning, we need to think and make decision in the right time all these comes from our minds so if the mind is in troubled state this will affect the level of reasoning and this leads bto wrong decision making.


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