The foreign exchange (Forex) market is a market where crowd of intelligent and novice Forex traders, reading the same Forex news and market material, using the same analysis forecast technique, abide the transaction rule and procedure, playing the game of Forex trading.
As for the majority Forex traders, their situation is always on the more disadvantageous side. Limited experiences, most novice Forex traders have to pay large amount of "tuition fee" for Forex trading mistake that they made. The less advance Forex trading tools resulted major Forex traders as the sacrificial victim for those winning Forex traders.
The goal of this Forex site is to reveal the basic reason that leads to majority Forex traders failed. In a sense, Forex traders who making losses in the Forex market aren't actually loser, often certainly is not that they cannot beat the Forex market, but they cannot defeat themselves - in terms of winning against their own - psychology.
Forex > Forex Psychology
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20-07-2008, 12:23 PM #1
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