Fear and greed

[Oscar Shumack]

Both technical and fundamental analyses are essential for trading.

 

[Alexander Hudson]

In this case, a reliable broker is a helping hand for sure. So, traders should try their best to bring things in their favor.

 

[Oscar Shumack]

Broker plays a vital role for our trading. A broker’s security is an important issue because traders are very much unwilling to deposit money in an insecure broker. But the fact is that majority of the brokers are affected with this disease.

 

[Eduardo Lucchese]

Some people hear music during trading but I don’t think it makes any difference because when something is related to money, it doesn’t pacify soul until profit is generated.

 

[Oscar Shumack]

Use indicators and market analysis and consider global market situation as part of this analysis.

 

[SaadBinToha]

To protect your trading capital from such an accident, you should use stop loss at any cost. However, the practice has become very rare.It’s a strategy always recommended by experts.

 

[Eduardo Lucchese]

In Forex, you will face a number of obstacles and wrong broker selection is one of those hurdles. Keep the matter of regulation in your mind all time.

 

[Alexander Hudson]

Adopting fundamental analysis tactics is essential for us. The global financial situation turns Forex market wavering. You better count on multiple strategies at a time to confirm a signal.

 

[SaadBinToha]

Forex befools ignoranttraders actually and I am saying it because thesetypes of traders don’t focus on developing their trading psychology and knowledge.

 

[Eduardo Lucchese]

Every broker allows traders with different types of accounts on the basis of capital sizes. I would say that it’s a great advantage for those who want to make a portfolio of their capital.

 

[Oscar Shumack]

Both fear and greed are equally harmful for traders. Fear will keep you apart from trading on the other hand greed will create an internal force in you to enhance the lot size to earn more within a short time.

 

[Alexander Hudson]

When these qualities are absent in you, it means you need attainment of these qualities and recoveries.

 

[Eduardo Lucchese]

Leverage and spread can either increase your risk or decrease, depending on how much of them you are using.

 

[Eduardo Lucchese]

Both fear and greed are bad for you because fear will keep you apart from trading and greed will make you trade more on the market.

 

[Eduardo Lucchese]

People mostly give up Forex because they can’t run their trading effectively. Better strategy should be developed for better trading.

 

[Alexander Hudson]

A person’s mind is armed with several bad qualities- fear and greed are among those- that harm a trader highly so traders have to get rid of such qualities for better profit.

 

[Eduardo Lucchese]

In forex, the bid price is what the dealer is willing to pay for a currency while the ask price is the rate at which a dealer will sell the same currency.

 

[Eduardo Lucchese]

Your basic researches are perfect so now you should practice trading on demo account. The more you trade on demo, the more you will earn practical knowledge.

 

[Oscar Shumack]

Two bad qualities that destroy a person are fear and greed. A person can be affected by two of these qualities at a time.

 

[Anele]

Fear and greed are common bad habits of traders. Greed is such a worst quality that makes a trader suffer highly in this market.