What you spend, what you buy, what you earn and what you can earn is all the psychological state of your mind. Nobody has the capability to judge the rise or fall of the market. The approximation is also a challenge to judge. The confidence to win, initiates your entry but the fear of loss persists. It is widely accepted and agreed that the efficiency of the stroke played in a trade transaction depends on the mental setup of the decision maker at that very moment. It’s the result of psychological chemistry taking place in ones body.
What Is FOREX or FOREX MARKET? PART I
The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day.
That is larger than all US equity and Treasury markets combined!
Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market has no central location. It is a global electronic network of banks, financial …
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