Trading with the cool mind?
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Thread: Trading with the cool mind?

  1. #1
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    Trading with the cool mind?

    I think the forex trading is business where we need to have trading with the cool mind and show the patience in the trading so i suggest that being a trader we trading with the cool mined and control the emotion ?

  2. #2
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    trading with cool mind is required for successful trading because this helps the trader to take the right decision for trading and so he will be able to plan well for trading before entering or making any order and this will increase the chance for successful trading and making of profits and at the same time this will decrease the mistakes and loss of money

  3. #3
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    according to my knowledge best trading depend on cool mind and patience. if you want to success in trading your mind will be cool like a water this is the key of success. for successful trader you should control the emotion.

  4. #4
    Forex trading business require a lot of analysis and calculations before entry so one must need to have a cool and peaceful environment for trading, because under cool and peaceful condition only we can analyze the things in a better way, so always trade with a peace of mind and never ever try to place trading orders in a hurry because anytime without proper analysis trade may go wrong.

  5. #5
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    This is a good thing that any traders that want success in the market should do. Doing trdaing meas that you should very careful of the ways that you are going about your psychology, anything that is making you to see the market has stress should be left alone, that is the only way that you can trade with ease.

  6. #6
    That is true. Most new and inexperienced forex traders always find themselves trading without cool mind because of their greed and lack of patience. Traders must avoid this by trading with small lots and also removing greediness and lack of patience from their trading.

  7. #7
    yes, its very important that we do forex trading with a cool mind, because most of the time, we will need to be patience and have a cool mind to make better decisions at trading...sometimes, we have to wait for a proper time to trade and make profit ..but we should always be in cool mind, because then we will be able to trade sensibly and do not make mistakes...

  8. #8
    True, we should always trade with a cool mind, because the mind that cold means mind with emotions controlled and stable, so we do not get heavier pressure in forex trading. Usually a trader who does not have a cool mind will easily upset loss in forex trading as they get, and they are trading without using good analysis and after that they get a greater loss of forex trading.

  9. #9
    Trader dkarev's Avatar
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    the level of knowledge one is having to trade the market will determine how cool one will be when trading,a good trader need to be always claim when trading,though forex trading is about proper market analysis and if your analysis is right making profit when trading will only come easy.but people dont know all this and especially the newbies.

  10. #10
    Trading is coll mind can be plus point for a trader because he/she an be stress free and work hard while trading without thinking much on loss or profit.A trader is cool enough or not an be judged by his level of knowledge and experience in market.Cool mind means mind controlled from emotions and fear.

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