Trading brings many brilliant minds, a number of them extraordinarily brilliant. A number of these minds are very competitive. Unfortunately, I think this hinders many men and women. I don't think trading requires high intellect. Understanding basic theories (risk, reward, probabilities) is essential. It is the operation to exploit your”advantage” which is difficult.
Ego, the urge to be”right”, and over-analysis / forecast can cause faulty functionality.
Unpredictable, irrational, and completely crazy things can occur in Forex. No amount of analysis will help save you from them. Although we want to beat the”traders” along with other traders and win this”game”, my very best trades come from moving with the”flow” and have less of an aggressive feel. They're also less stressful.
Reading some of the popular novels, Trading in the Zone, Trade your Approach to Financial Freedom, or Emotion Free Trading, may introduce some thoughts that you hadn't considered. Regrettably, they will not emotionally prepare one for anger, fear, or all the stress you will have when you shed 10 transactions in a row. You have to experience that in THEN and real time perform.
Here's a chart I screen-captured on April 7th. It is a reminder of just how we could be surprised at any moment.
https://www.cliqforex.com/attachment...7508752751.jpg