Controlling your emotions is a big part of forex trading success. Learn the techniques to stay on top of the game and not lose your cool when the trade surprises you with a wrong turn.
The field of active trading is a challenging, fast-paced environment with nearly infinite possibilities and pitfalls. The odds are seemingly stacked against active traders in the marketplace, with studies suggesting that upwards of 80% consistently lose money and only 1% achieve predictable, long-term profitability.
With four out of five traders showing regular losses, it's a wonder anyone is willing to pursue a career in the trading industry. After all, it's not typical for an individual to invest time and money into a business that has an 80% chance of failing. So, why the attraction to active trading as a profession?
The answer lies in the benefits that success in the marketplace can provide to prosperous traders. Financial independence, self-empowerment and an escape from an unsatisfying career are a few perks enjoyed by those who beat the odds and grasp the brass ring.