Most losing traders who inquire about forex trading are quite intelligent, but why 90% of trader has loss their money? They are not beaten by other traders, they simply are beaten by themselves, by humans’ weaknesses.
What is the first big weakness of human beings? The greed and emotions! Many times we have got 1% profit, but we feel it is not enough. We want more, 2% or 3% will be better. While the profit really goes to 5%, we will think how about 10%? Not enough forever. But the market is so volatile, especially in Forex market, we often encounter this depressive situation: profit can turns from positive into negative and this kind of depression happens again and again.
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