A Detailed Look into Psychology in Forex Trading

 
A Detailed Look into Psychology in Forex TradingA recent study by the European Securities Markets Authority (ESMA) said that more than 80% of new traders fail. This is a worrying statistic given the huge potential that trading in the financial market has.

There are several reasons why new traders fail. They include: the lack of knowledge about forex, bad luck, lack of a good strategy, and the psychological reasons.

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