Know Your Character Because Your Character Affects Your Trading

Posts: 52 · #1 - September 12, 2022, 01:23:59 PM

Everyone has a different character, that's why some are compatible with a trading system and some are not. In a seminar or a trading mentor, not all students taught by their mentors have the same results, that's because everyone's character is even There are different traders who want to be a trader. There are traders who are comfortable with daily trading or can even hold it weekly or monthly, there are also traders who can't wait even 5 minutes to close.

Every trader has a different character, for that we must know our character so that we can get optimal results.

BY KNOWING OUR CHARACTER, THEN WE CAN KNOW OUR WEAKNESSES AND STRENGTHS, SO WE CAN IMPROVE WEAKNESSES AND MAINTAIN THESE ADVANTAGES.

Know Your Character Because Your Character Affects Your Trading in Forex Education_image-341191

Know Your Character Because Your Character Affects Your Trading in Forex Education_image-341191

Linkback: https://www.forex.zone/forex-education/29/know-your-character-because-your-character-affects-your-trading/3903/

Posts: 3953 · #2 - September 14, 2022, 10:00:43 AM

That is why we need to know ourselves, so that we can do things that we think the best so that we will get the best results too

Posts: 127 · #3 - October 26, 2022, 10:04:32 AM

That's right, if we like fast things then maybe scalping trading is more suitable for us

#4 - **Today** at 04:17:39 AM

Posts: 175 · #4 - November 15, 2022, 07:57:15 AM

If we can understand this, we will be able to be more profitable

Posts: 160 · #5 - November 17, 2022, 04:42:50 AM

This will help us find our best abilities

Posts: 127 · #6 - December 06, 2022, 01:15:34 PM

this is very precise because true trading is about how we can control ourselves and can correct our mistakes so that we continue to improve

Posts: 2167 · #7 - March 02, 2023, 12:29:36 PM

A trader's character can have a significant impact on their trading success in forex business. Traits such as discipline, patience, and the ability to manage emotions can help traders make rational trading decisions and stick to a consistent strategy. On the other hand, traits such as impulsivity, overconfidence, and emotional volatility can lead to impulsive and irrational trading decisions, resulting in losses. It's important for traders to understand their strengths and weaknesses and work to develop the traits necessary for successful trading, including self-control and a willingness to learn and adapt to changing market conditions. By focusing on developing a strong character and maintaining discipline, traders can improve their chances of success in forex trading.

Posts: 3553 · #8 - March 20, 2023, 08:54:16 AM

I think this is very true, if for example we like to trade in the short term then at least we take a trading system by scalping so we don't have to wait long