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Fear is the greatest reason for failure
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[QUOTE="Suba, post: 241262, member: 3658"] Everyone will have a fear that often makes forex traders lose money. Fear is a psychological moment which will affect the style and trade plane of traders so that it will determine the final result of profit or loss. Most traders are trapped in fear due to a lack of self-control. I think the hardest part in trading is the psychological factor, if you ask a professional trader they will probably say the same thing. Fear will often make traders to be too careful, afraid to enter so they will miss a very profitable opportunity in the market, sometimes traders are afraid to close a position that is already losing money, or they are too hopeful of a reversal of price movements. From my description above, it is concluded that we must be able to control fear. Among them is to keep practicing trading, because the more often you trade on a real account, the more you will be able to control yourself and also you need to avoid Revenge Trading. [/QUOTE]
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Fear is the greatest reason for failure
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