don't mix practical thinking to emotional decision making
Traders can’t mix rational thinking to emotional thinking. Yes, as human being we can’t overcome our sentiments sometimes. At the end of a day, every trader can feel the threat of how his emotions will overpower his practical decision making process here. But a Foreign currency exchange trader must respect the importance of being practical here. And he should also incorporate the rational decision making process into his ability to trade.
I agree completely. Emotional decisions in trading often just lead to losses, they should be avoided as much as possible.
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