forex trading psychology
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For more FREE Price Action Forex Trading Strategies, Visit www.asiaforexmentor.comTRANSCRIPT
Forex Trading Psychology: Your Gun To Wealth or To Death
Forex trading is like a weapon – a gun.Anyone can hold this gun. But like all weapons, you need to be trained first before using it to fire.If you are well trained, this gun can take you to Greater Wealth.But if an untrained personnel starts firing the gun, it would lead to his death (Financial Death )Do you see what i’m driving here?
FOREX TRADING PSYCHOLOGY
The fact is that everyone can open an account with a broker and starts trading at any point in time.
But that does not mean that they are able to use this weapon right?Like all military personnel, they must undergo lots of weapon training first before
giving them live ammunition to fire.The same goes in forex trading.We must undergo forex training first before inputting real money into our live
account.Forex Trading Psychology: Your Gun To Wealth or To DeathThe next question comes:When do we pull the trigger of the gun to fire a shot?And before pulling the trigger, are we sure it’s the enemy we are shooting and not
our fellow people?The same applies in forex trading:Before we pull the trigger, we have to make sure that it is the Right ENEMY.
Shooting the wrong enemy will cause us a loss in that trade.Random shooting will also cause us a loss = Entering trades on impulse.We will only open fire when we have confirmed it is the right enemy and the
chances of losing to that enemy is low.That is done through proper training by entering with price action confirmation with
confluence in place and a proper money management + risk management system.
Forex Trading Psychology: Your Gun To Wealth or To DeathSo the next time before you fire a shot, make sure that you have confirmed it is the
RIGHT ENEMY.Check out our AFM winning Price ActionForex Course where i teach you the exact
FULL Forex Trading System & Strategies that i personally use to be consistently profitable.
See you on the other side my friend,Asia Forex Mentor
Ezekiel ChewAsia #1 Forex Mentorwww.asiaforexmentor.com
For more FREE Price Action Forex Trading Strategies, Visit
www.asiaforexmentor.com