Forex Traders are the Coolest People
You heard that right! We are the COOLEST people around.
You can't be not cool if you are a forex trader.
LOL> What i meant was to have a cool head in trading.
Alot of times in trading, we will meet with setbacks.
And the setbacks almost always occur when we have traded a trade we shouldn't have,
OR, we traded a lotsize we shouldn't have.
Ring a bell?
Some way or another, the market always knows when to get us. It's like they are our enemy.
The truth is, it's not.
The market couldn't care less if you are a profitable or a losing trader.
That's just how the market moves.
In order to be a successful forex trader, we've got to keep a cool head at all times.
Are you COOL?
Many will agree with me that after they have traded forex. They feel more well controlled, calmer, steady, cool or anyword you can describe it.
And that's one of the benefits of trading forex.
We have learnt to keep a cool head in times of adversity.
We have learnt to keep a cool head when we make losses.
We have learnt to keep a cool head when we make profits (not to over celebrate)
And after we have learnt to keep a cool head.
Forex trading isn't really much of a roller coaster ride as some said.
We are in control.
We know how to increase the risks if we want.
We know how to reduce the risks too.
But most of the time, our risks are managed and a profit or a loss doesn't really affect us.
Here's a tip
As you already know, keeping a cool head is extremely essential in forex trading.
If we aren't cool, if we feel our heart thumping, feel red in our face.
You know you will almost always do the wrong thing.
That's why we as human does and say things we wouldn't normally do when we are angry or frustrated.
What i do and still do is to play a nice calming music at the background when I trade. And all the more important you should play it if you feel frustrated.
In the menu bar above, under forex tools, there's a Forex Trading Psychology Music.
That's the one i like. It's calming and makes me able to focus. I use it not only when trading forex but also play it when i want to focus on something.
Try it, its good.
And if the music still doesn't curb your emotion running in you. I'll suggest you stop trading until you really know that you have calm down and really cool enough to go back to trading.
Emotions are what that kills us humans.
Successful traders are really cool.
They meet a loss with a smile.
And a profit with a smile too.
It's all part of the game.
So keep a cool head my fellow trader friends!
Talk soon,
Ezekiel Chew
