As the market has become more easily accessible in the modern world, the number of losing traders has also been increasing. Just anyone is trying their hands at trading and losing money.
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Forex In The Modern World
- Thread starter LoganSilver
- Start date
The market volatility seems to have increased in the modern world. That may be because of the social media websites making forex so popular among newbies.
people generally losses by over trading , and over trading comes from emotions which is the foremost enemy we have.
Yes, you are correct. Overtrading leads to anxiety and an unsound mind. No matter how many trades one makes, one must have patience and complete knowledge of what they are doing.people generally losses by over trading , and over trading comes from emotions which is the foremost enemy we have.
I think overtrading is mainly due to the easy accessibility of the market. If the market remains inaccessible they won’t even bother to think about trading. And things might remain in limits.people generally losses by over trading , and over trading comes from emotions which is the foremost enemy we have.
sometimes the senior traders also do this stupid mistake , actually we all are human and for that reason some habits cannot avoided after having good knowledge and experience.
Stop-losses are a must even if you are sure about the trades. The biggest challenge I face is discipline. I change my position size frequently, especially after I start being profitable.