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Forex trading requires a lot of thinking and planning and whether you like it or not, the success if forex depends on psychological strength of the trader. In fact it is widely believed that most traders that fail, trade without a plan. Having a plan isn’t quite enough; you have to religiously follow it. However, in most cases, every one of us tends to break the rules. It made me wonder, are there any specific physiological reasons why forex traders sometimes skip their own strategic plans and how does this misbehavior affect the profits?
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