Many Do Not Notice The 3 Benefits Of A Forex Trader

thecekodok

Many people enter the forex industry because they want to be a trader, want to make money, and increase income. Yer lah modern life if living with one job alone is not enough.

Although we have a strong desire to increase income in trading, it is not as easy as that. At first, all things are difficult, but believe me, grab a grab, or sell water at the night market is easier than the initial stage of the first time you want to trade. Of course, you will feel the loss and if you do not get the right guidance, you may lose in the long run.

But it is this difficulty that teaches us and realizes that trading is not just because of ‘MONEY’ but more than that. Sometimes this trade makes us more focused and disciplined because there are many rules and disciplines that we need to apply to become a successful trader.

# 1 Trading Push Us Out Of The Comfort-Zone

No one likes to risk their money and the loss of their own hard-earned money is indeed frustrating. Starting trading by starting to deposit money into a forex account makes us less comfortable with the possibility of losing that money. This makes us out of the ‘comfort zone’ and strives to learn the real way to trade in order to make a profit. Leaving the ‘comfort-zone’ also applies in other career areas to improve performance.

# 2 Trading Fosters Self-Discipline

Forex traders who have been involved for two years and above are of course aware that forex trading is not an easy thing. As in other professional fields, forex trading requires high discipline if you really want to live by being a full-time trader.


Discipline here means careful planning, continuous training, and making it a habit to do every day without getting tired. Training is to learn technical, fundamental analysis, money management, and emotional control.

Disciplined trading is GAMBLING.

# 3 Trading Teaches Us to Balance Emotions

In forex trading, this is not an important technique or capital to last long. The most important is an emotion because many have good trading skills but fail psychologically or emotionally. Therefore, financial management (money management) is very much emphasized in forex trading.

The majority of people who are successful in forex trading are traders who are good at controlling their emotions during profit or loss. During profit, he is good at controlling emotions not to be too greedy, while during losses he is good at calming emotions by leaving trading for a while and studying where he went wrong.

Finally, good luck to you all!