Rule the Market Through a Confident Trading Approach

[nugelobudug]

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The key to success is confidence.

The Foreign Exchange Market is a decentralized market that is meant for trading currencies. It is the Forex that determines the value of currencies. The magnetic power of money has motivated the investors to invest in stock markets. Earning money through equities is not an easy task. You need extensive research and lots of discipline, patience and confidence. You need to be able to interpret the market. Due to the volatility of a market, investors are in a continuous dilemma whether to invest or not. Market volatility causes the investors to lose trust in the stock market and shut themselves off from stock markets. Ideal investors must know how to deal confidently with this volatility. People who lack confidence cannot sustain the highs and lows of the marketing trends.
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[Ary Barroso]

I agree with you! But I am not over-confident! I know, there is no guarantee in Forex! It’s all about probabilities! This is why, I use SL in my live trading as my permanent tool.

 

[BitcoinKong11]

I agree with you! But I am not over-confident! I know, there is no guarantee in Forex! It’s all about probabilities! This is why, I use SL in my live trading as my permanent tool.

I think you NEED to have stop losses in place! I couldn't imagine trading without them.

 

[rmufti68]

Stop losses can be good way to protect your self to cut the losses earlier before these losses can wipe out the entire account because a bad day can occurs in anyone's life even professional traders can stuck with second opinion and can go to the opposite of the trade.

 

[maya95]

Yeah, confidence and patience go a long way. The market’s a rollercoaster and you’ve got to be steady to ride it out. But don’t forget to tighten up those stop losses especially the trailing ones.