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How emotions affect our trading strategy in forex
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[QUOTE="Electuary, post: 273089, member: 89107"] Emotions can play a scary role in forex trading. As forex is highly volatile with currency pairs behaving differently to different market conditions, a person needs to be careful. But when a person lets his emotions play a role in trading, the overwhelming amount of fear, anxiety, rage, and greed, block clear, logical thinking, and make a trader take wrong decisions. A trader who is experiencing dread may play it too safe, close winning trades sooner, and do nothing with their account. We might also choose not to close a losing trade, delaying the decision and risking a larger loss on the trade. We might choose not to execute a carefully considered trade. [/QUOTE]
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How emotions affect our trading strategy in forex
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