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Emotional Control: The secret key to El Dorado
It is well-known that a majority of forex traders fail. But it is not equally well-known that the main cause behind such a high rate of failure is unrelated to the market itself. Not analysis, and strategy, not education and learning, but lack of emotional restraint and mental composure are the leading causes that lie behind the many failures of forex traders. Although it is popular to blame forex brokers for the failure of risk controls and lack of a correct attitude to trading, the fact that a majority of these institutions are doing their business while being monitored by authorities shows that the source of the ... (full story)