Thread: Forex is a business of cool minded

Originally Posted by CahCuncun

we must trade with cool mind, we must be able to control our emotion if we want to get more maximal result. We can honey our psychology using small amount. Try to start trading with TenkoFx using $10. I think $10 is not too large amount. We also can hone our money management skills.

Its not about trading with $10 or $1000, what does matter is that you should be very thoughtful about the investment, you should not take decision in a hurry.

Originally Posted by orni308

Its not about trading with $10 or $1000, what does matter is that you should be very thoughtful about the investment, you should not take decision in a hurry.

Yes, we should not take a decision with hurry. As a trader of course we have possession of high skill to be able to analyze markets. for starters, we should use a demo account first and participate in the contest demo account. Currently I am participating in Armada Markets demo contest and link with the prize is 2000$

In forex, during trading it’s required to trade forex with cool mind. If you want make profit with forex so it’s required to control own emotions as well that’s key of earn more profile.

we know that the market is difficult to predict with certainty. so we need to mind the cold for forex trading so that our decisions will be right. so we will be able to trade with maximal. Trading with emotion will only give a loss for us.

In my opinion forex trading is a rational work. A trader can not open his/her position buy or sell before making good analysis. In this case he/she should use his brain to consider according to the indicator used, fundamental and or technical.

“Forex is a business of cool minded “ during trading it’s required to trade forex with cool mind. If you want make profit with forex so it’s required to control own emotions as well that’s key of more earning.

Successful traders are traders who are able to think with a cool mind rather than with thoughts of emotions. in forex we need a cool mind to make the right decisions so that we are able to trade with a maximum





TenkoFX investment forum for PAMM account investors

You need to be as cool as possible in the Forex Market because you will see many ups and downs in the market and if you are not cool then it will be difficult for you to get success in this market so the best thing a trade can do is to be as cool as possible so that he can achieve success in the market.

Originally Posted by Rahul247

You need to be as cool as possible in the Forex Market because you will see many ups and downs in the market and if you are not cool then it will be difficult for you to get success in this market so the best thing a trade can do is to be as cool as possible so that he can achieve success in the market.

As a trader, we must try to more improve our trading skills to achieve success. There is no easy thing to get and everything take process. Must be patient and keep trying. Trader also can learn from trading experience.

I am not exactly going to call Forex a business of cool minds but it must be sensible minds and also we need to have some business sense, as ultimately that is what is going to matter the most, no matter what we do if we don’t have common sense we will end up making silly mistakes.

The best way to increase common sense is by regularly participating in contest especially ones like cTrader and Champion demo contest with OctaFX broker. My favorite contest is Champion since it is a longer contest so I am able to judge my ability and if I am able to survive the whole even without winning I consider that as a reward while winning gives 300 USD for top position.