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What should be your drive in forex trading
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[QUOTE="marym, post: 303148, member: 97350"] The decision to engage in forex trading should not be based solely on external factors such as peer pressure or the allure of making money. It is important to have a genuine interest in the market and a drive to learn and develop skills in trading. Moreover, making an informed decision is critical before entering the forex market. Potential traders should take the time to conduct research and acquire knowledge about the market, including its risk factors and complexities. They should also have a well-thought-out trading strategy and risk management plan in place before starting. Excitement or emotion should never be the sole drive behind forex trading decisions. Making decisions based on emotion can lead to impulsive and irrational choices that can result in losses. Instead, traders should have a disciplined and rational approach to trading, informed by their research, strategy, and risk management plan. [/QUOTE]
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What should be your drive in forex trading
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