Gee Dee Posted October 20, 2018 Share Posted October 20, 2018 In the case of forex trading, a trader should maintain confidence level. But over-confidence level begins when a forex trader wins some trades on continual basis. Over-Confidence level can easily fool a forex trader as he may overlook his weaknesses due to extra confidence level. What the truth is: a forex trader must try to maintain the emotional balance while taking trade decisions. Over-confidence, greed or happiness all such emotions need to be managed. Quote Link to comment Share on other sites More sharing options...
amri.rudi Posted October 22, 2018 Share Posted October 22, 2018 The Overconfidence always make 90% trader bankrupt. Quote Link to comment Share on other sites More sharing options...
anna.serea Posted March 10, 2019 Share Posted March 10, 2019 be confident, but must always be aware and focused goals. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 25, 2022 Share Posted August 25, 2022 Definitely, in order to be able to work with this correctly, you need to have certain experience and knowledge of the work. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 1, 2022 Share Posted September 1, 2022 On 8/25/2022 at 7:17 PM, Vaabum said: Definitely, in order to be able to work with this correctly, you need to have certain experience and knowledge of the work. We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 1, 2022 Share Posted September 1, 2022 8 hours ago, FXOpen Trader said: We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Education is a very good option. When I started working with a broker from ExpertOption, I also started with a demo account. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 16, 2022 Share Posted October 16, 2022 On 9/1/2022 at 7:13 PM, Vaabum said: Education is a very good option. When I started working with a broker from ExpertOption, I also started with a demo account. We must try to manage our trading with more Efforts. Quote Link to comment Share on other sites More sharing options...
davidblack Posted November 27, 2022 Share Posted November 27, 2022 It is difficult to avoid feeling over-confident when trading Forex. After all, we are dealing with a relatively simple financial instrument that is accessible to all. No matter how much experience you have in trading, the Forex market is still a volatile and unpredictable place. Nevertheless, it is important to maintain a healthy level of over-confidence when trading Forex. This is because it helps to ensure that you remain disciplined and focus on your trading goals. Over-confidence can also be a source of motivation when trading Forex. After all, if you believe that you can make money in this market, then you are more likely to take action and make money. https://bestproductsreviews.net/mechforex/ Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 27, 2022 Share Posted November 27, 2022 On 9/1/2022 at 7:13 PM, Vaabum said: Education is a very good option. When I started working with a broker from ExpertOption, I also started with a demo account. We will need to increase our awareness levels about the Forex markets. Quote Link to comment Share on other sites More sharing options...
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