Initially, Forex should be seen as supplementary income. There are many people out there looking for some sort of financial relief. If you are one of the worriers, then consider using forex as a secondary source of income.
Your emotions should not rule your Forex trading behavior. Trades based on anything less than intelligence and intuition are reckless. It’s impossible to be an entirely objective trader, but if you make emotion a central part of your trading strategy, you are taking a big risk.
Trading with your feelings is never a solid strategy in regards to Forex trading. Allowing your emotions to control your decisions will lead to bad decisions that aren’t based off analysis. Thinking through each trade will allow you to trade intelligently rather than impulsively.
To do well in Forex trading, share your experiences with other traders, but follow your personal judgment. While it can be helpful …