The following is the Basics of Psychology in Forex Trading : 1. Nature of opennessSuccessful forex traders are always open to new ideas. They do not reject the possibility of another idea or system if it can be more effective and profitable. Even though they already have and use the system with profitable trading methods and strategies, they are still willing to try a different system if it looks promising.2. The nature of wanting to help fellow tradersSuccessful traders always want to share their knowledge with other traders to help them achieve their goals. They tend to have a sense of togetherness that the more successful should help those who are still struggling. Many successful forex traders become mentors or coach trading for those who need guidance.3. PrudenceForex trading requires hard work, both in studying the technical factors of trading and their implementation. Successful traders are always serious about learning everything by preparing themselves to the maximum possible both short and long term.
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