PROPENSITY100 Posted February 12, 2013 Share Posted February 12, 2013 Our mental capabilities and extremely essential to make money in Forex business. Forex is an extremely potential market with extreme possibilities for profits and losses, so one should first learn and practice using a demo account before starting to trade with real money. 11 Quote Link to comment Share on other sites More sharing options...
pepy Posted February 12, 2013 Share Posted February 12, 2013 if people don't have good mental in forex, i doubt if they can stay in this field and will gain more income. that is not easy to earn profit in forex since this market is so much liquid for us. with better mental capabilities we will have more chance to earn and also if we loss our money, it will be easier for us to get back on the track Quote Link to comment Share on other sites More sharing options...
euro Posted October 2, 2013 Share Posted October 2, 2013 Yes, you need a good mind and good knowledge, experiences and skills in order to do well in the forex market. Without such thing, its hard to earn profit in forex. forex requires you to be skillful in your analysis. A man get wealthy in forex if his mind is wealthy in knowledge too. Its not hard to earn but you develop sound strategies in order to earn. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 19, 2014 Share Posted January 19, 2014 Forex is a very calculative and analytical business that requires a trader to be up and doing when it comes to having the trading knowledge and skills. Little wonder why some say that Forex is a business a trader cannot succeed in if he is not smart. The smarter chaps make use of a better opportunity. Quote Link to comment Share on other sites More sharing options...
standart Posted January 21, 2014 Share Posted January 21, 2014 deal with losing real money difficult if traders not get used with loss in trading. inability to accept the loss create difficulties to traders. even will make traders to get margin call very fast. if traders doesn't understand how the market works, and create specific strategy to trade effectively, they'll lean to attach emotions in make decisions. Quote Link to comment Share on other sites More sharing options...
aaliya668 Posted January 21, 2014 Share Posted January 21, 2014 Forex is an extremely potential market with extreme possibilities for profits and losses, so one should first learn and practice using a demo account before starting to trade with real money. that why i like it Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 21, 2014 Share Posted January 21, 2014 Well yes this is a an important topic to discuss in my view, we should be having an active mind if we want to do forex trading and make good profit with our trading, we should be able to utilize our mind and use it into our trading properly to reap good results, if we do not do forex wisely as this an risky business we can lose our investment completely. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 22, 2014 Share Posted January 22, 2014 we must have the spirit of trading to generate maximum profit. positive thoughts and good trading method will help traders achieve success. mental strength is necessary if a loss in trading so that we do not take action which is not in accordance with the Money Management Quote Link to comment Share on other sites More sharing options...
standart Posted January 25, 2014 Share Posted January 25, 2014 the risk should traders face is very high. if traders have no good mental strength, they'll end up with emotional in trading. angry, and disappoint will lead traders to take revenge approach which possibly, lead them to conduct over trading. being calm while traders deal with risk of losing money is difficult. require long practice training to make traders able to handle the pressure. Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 25, 2014 Share Posted January 25, 2014 Forex trading for sure requires us to utilize our mind into it, if we do not use our mind properly in forex trading we can easily go in loss, also due to forex trading we get stress on our mind as well due to which sometimes if we do trading continously we might not be able to make much profit afterwards so we should give a day off to our trading as well so we can use our mind again with capability. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 9, 2014 Share Posted February 9, 2014 yes menatal capabilities and emotions control is most important point in here, if you can control thius two you can't become greed or so on. so you may can plan the best way for trade forex. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 14, 2014 Share Posted February 14, 2014 dear i can't beleave on these if we have experience then we can make every thing in a very easy way .experience is the power to get profit in every work .wityout experience we can not earn the profit in forex so learn it if want profit. Quote Link to comment Share on other sites More sharing options...
Ahmerilyas Posted February 15, 2014 Share Posted February 15, 2014 Oh no i really don't belives that voice i really like this work its an awsome its just cool we just need to got knowledge and start earning from our knowledge so i like it its not mental kinf of. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 15, 2014 Share Posted February 15, 2014 these work is belong to our experience if we have more experience in trade then we can earn in forex .in forex we have to avoid mistake so that we can not loss any single dollars in the forex when make any trade we have to check the market Quote Link to comment Share on other sites More sharing options...
Decub Posted February 17, 2014 Share Posted February 17, 2014 Trading can be very stressful to the brain. When a trader doesn't possess that skill which is required as a pre requisite for success, it becomes such a difficult thing to make out something from trading. Trading in Forex is a business that needs a trader's smartness and concentration. Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 20, 2014 Share Posted February 20, 2014 Forex trading does not only require mental capabilities but at the same time leaves a forex trader with tension and strees build up on his mind which are not good for a person's health so to avoid too much usage of our mind we should not go for daily trading so that our mental capability stays good. Quote Link to comment Share on other sites More sharing options...
standart Posted February 20, 2014 Share Posted February 20, 2014 deal with uncertain market and chance to losing money make traders pressured. require courageousness and mental to take the risk. because here, no risk mean no gain. safer if traders don't trade, but they get no profit from market. so, before decide to involve in this business, better if traders prepared with risk knowledge and how to manage it become minimize. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 21, 2014 Share Posted February 21, 2014 Well in forex trading we have to be mentally fit if you want to earn a anything in forex its our mental ability to take good trade that will give us the require succees rate which is really needed here for us to succeed Quote Link to comment Share on other sites More sharing options...
Decub Posted March 5, 2014 Share Posted March 5, 2014 Those who are mentally detailed can't successfully trade in Forex, they require some vase of knowledge and stability because Forex is just as hard and analytical. It is always better to have that sharp mind if the trader really wants to make something good out of Forex. It's all about how well the trader is in both mentally and psychologically. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 7, 2014 Share Posted March 7, 2014 Mental capabilities is important for every trader that is trading in the forex market. It is better that the trader will learn how to be able to think and conduct his or her analysis before he or she can start trading. Forex trading business is not the type of business that people who cannot think fast will be able to do. You have to have that fast thinking habit to read the data. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 16, 2014 Share Posted April 16, 2014 You'll have a very good views and Excellent know-how, encounters and abilities in order to do efficiently during the forex sector. Without the need of these issue, its tough to receives a commission cash flow in forex. forex phone calls so that you can absolutely be skillful within your Evaluation. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted April 16, 2014 Share Posted April 16, 2014 Forex trading needs brain worming, not mental job. Forex is the trade where skill and knowledge is best tools to gain. Even it is more important than our capital. Without these 2 powerful tools, our invested capital cannot give us any profit in this trade. Try $5 Cash Rewards from FBS Quote Link to comment Share on other sites More sharing options...
Decub Posted April 16, 2014 Share Posted April 16, 2014 Oh yes. Forex is more than a trading analysis from news or something. It is that which requires your courage and at the same time your analytical skills and knowledge. It is a mental job and it is only when the trader has such that he can make profit from it. That is why it looks as though it is not a business for all. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 17, 2014 Share Posted April 17, 2014 Forex is an extremely calculative and analytical Business that necessities a trader keeping up and endeavor When it comes to acquiring the investing know-how and talents. Smaller surprise why some situation that Forex is a business a trader cannot access if he isn't clever. The smarter chaps use a larger prospect. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 19, 2014 Share Posted April 19, 2014 Traders who are not so calculative might find it difficult to trade well and make money from Forex. It requires a smarter approach to it than just trading as though it is watching the charts. Little wonder why some people assume that Forex traders don't need to be only hard working but should also work smart. Quote Link to comment Share on other sites More sharing options...
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