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Some Important Information on Kishore Instant Forex Profits!

shanusweet232's Avatar

shanusweet232

17 Aug, 2019 10:14 AM

Losing has a more deep psychological effect on you however. Nobody likes to lose, and losing is associated with a sense of failure in most activities. Therefore, when you make a losing trade you are inclined to think that you have failed and perhaps even done something wrong. If you are sticking to your trading plan, then this is not the case even though your emotions will tell you otherwise.

The fact is that trading is one of those activities where a proportion of losses are to be expected, even if you plan and act perfectly. The trader who wins 75% of the time has an exceptionally good record, and if you only win 50% of the time you can still finish on top, simply by making sure that your risk/reward ratio is favourable. There are other ways in which fear can start to affect your trading and your outlook.

It is not unusual for a trader to be fearful of telling his wife that he has had another losing day, and it may be difficult for her to understand how losing is part of the game. This can escalate, so that losses are hidden and tensions rise to the overall detriment of their relationship. The same idea applies if other family members or colleagues have been told about the trading activity, and are naturally curious to inquire about it.

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