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The two biggest psychological foes a forex trader faces? Fear and Greed.

  • Writer: Darren Bradford
    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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