It is assumed that forex traders usually have an intelligence

Forex trading is not about predicting the price movements but rather is a case of probabilities and past price movements history. It is assumed that forex traders usually have an intelligence that is beyond the average and are considered to have aggressive personality characteristics. Often known as Type A personality. While having a higher intelligence is definitely a plus in this case being too aggressive or having too big an ego can ultimately lead to a downfall. This is simply because Type A personalities usually don’t like to lose and from a forex trading perspective, it gets difficult over time for traders who continue to see a flow of losing trades.

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