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Currency Trading – Trading with emotions in Forex

A Japanese Samurai once said ” Plan logically, but attack with emotion”. Considering his statement to a physical warfare, that is the best way to win battles. However, if we apply his rule to forex trading, it would be a big disadvantage. Entering in the forex market needs no emotion. If you let your emotion rule over your logic whenever you trade, expect a negative results.

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The article and the video tried to explain the relationship of an emotion to a trader and its effect whether positive or negative. It points out how important that emotion should be dealt accordingly. It is important to learn why many traders fail and how you can succeed in Forex trading by making your trading decisions without the influence of your unrelated emotions.

Click here to learn how currency trading is affected by your emotions.

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