Trading Wisdom No. 8 – “How I could maintain my peace of mind while trading”

I think maintaining peace during forex trading is the most difficult thing that I have ever done. It’s difficult to control your emotions. It is not as easy as said. You have to learn to make trades and accept them whether you make profits or losses. Learn to control your emotions and you will get better.

I agree with you, meditation actually helps a lot. It keeps the mind calm and relaxed which is necessary in trading

1 Like

Thank you so much for agreeing with me. Consistent profit is impossible if trading psychology is not managed properly. So first I need to be trained to control my mind.

It is possible to control the mind by meditating. And as a trader, the mind must be properly trained.

Staying cool, calm and composed in forex trading come with time and practice. You need to choose the capital wisely, keeping in mind your affordability to lose.

Learn about mindfulness and psychology.