The two biggest psychological foes a forex trader faces? Fear and Greed.
- Darren Bradford
- Apr 20, 2024
- 1 min read
Updated: Apr 29, 2024
Fear: It can make you second-guess your trades, leading to missed opportunities or exiting positions too early.
Greed: The insatiable hunger for more can cloud your judgment. You might hold onto losing positions hoping for a reversal, or take unnecessary risks chasing unrealistic gains.
So how do you conquer these mental monsters?
Know yourself
Plan and stick to it
Discipline is key
Take small wins
Learn from losses

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