Rational decision making

[Gee Dee]

Rational decision making is always being encouraged here. Emotional thinking and thereby sentimental decision making outcomes can hamper a foreign currency exchange trader’s normal trading voyage. Every trader should at least try how to combat the consequences of emotional decision making anyhow. However it is usually expected that knowledgeable traders try to take decisions practically. Skilled persons usually try to make employment of funds after understanding the nature of market.

 

[Namu]

increasing trading capabilities is very beneficial for traders because it will increase the chances of getting maximum profit. right now I'm trying to be able to improve my trading skills at FreshForex using a demo account

[Ariel Dala]

A successful trader is always one who is able to make decisions on the spot and that too accurately. It’s not something easy but it is something that’s possible to do with hard work and effort. I find it easier with broker like FreshForex. As not only they have features that helps me with that but also have Market Analysis, so I can really make decisions with comfort and confidence.

[bearhugs]

To be successful, we have to understand that market is not easy and we have be decisions maker that can work for our trading and we can make profit. Not easy but also not impossible.

[uncle gober]

achieving success inside is not an easy matter, so it is very important for traders to be able to get more leverage in utilizing the Tickmill education program to be able to conduct training and learning while on a Tickmill real account.

[Namu]

if the conditions of forex trading must be ready for us to evaluate so the results remain consistent and optimal. and it seems like brokers with lot of promo like FBS don't necessarily make consistent profits

[Latham Lapard]

When I was new with trading, I made mistake of joining companies like InstaForex, which called for major trouble for me. So, I always say do not join any broker like that instead only join up one that’s reliable and trustworthy.
 

[Michael Butcher]

I think that before entering the market, you need to study all the information about the market, trading, brokers. In order to choose the right and reliable broker, you need to learn a lot of information about them. In this case I found a good site Finarm, which helped me to find the right broker.

[FXOpen Trader]

4 hours ago, Michael Butcher said:

I think that before entering the market, you need to study all the information about the market, trading, brokers. In order to choose the right and reliable broker, you need to learn a lot of information about them. In this case I found a good site Finarm, which helped me to find the right broker.

If the risks present in doing our trades are on the lower side then we can start making the profits also.

[Cordawield]

Each decision must be clear, balanced and do not give in to emotions, but take it too.

[gds221]

As for me, the ability to make the right decisions comes with experience. The trader will simply be able to make the right decisions without even thinking.

[Vaabum]

It is very important that the trader is able to make decisions quickly. This will help to make a good profit.

[Dora Wi]

This is why it's so important to have a trading plan. That way, you won't have to make decisions on the spot most of the time, just follow the process laid out and not let your emotions deter you. Easier said than done, of course, but having a clear strategy is a big help.

[gds221]

Usually, rational thinking comes to a trader some time after the start of work and, most importantly, after the first losses.

[FXOpen Trader]

On 6/27/2021 at 2:22 AM, gds221 said:

Usually, rational thinking comes to a trader some time after the start of work and, most importantly, after the first losses.

If we are looking to limit the losses in our trades then we must make use of a trading strategy that is easy to understand.

[gds221]

As for me, this is a really important aspect for a trader to work with. Otherwise, it will be quite difficult to make the right decisions.

[Vaabum]

It should be understood that the very concept of "rational" for some people can mean something completely different. So I advise you not to jump to conclusions.