Recently, I tend to write psychology aspect affect a Forex trader. If you had more then 3 years and did well in Forex trading, your would become less emotional. In the other word, you also have shape eyes and conscious mindset. In fact, experience winners like volatile and vicious market, (the highest beta & alpha) , the better.
Conscious mindset assert confidence to a Forex trader during any market environment. We have shape eyes like eagle flying high above the sky hunting for victims (novice traders) on the ground. Novice traders tend to cut losses and panic during the crisis, we tend to stay clam and cool. It is not easy when you see the trade fall into red, your mindset will change. Your brain will consistently tell you to do the wrong things. The more you think, the more mistakes you make. Noise from the media take away your consciousness. I always remind myself to stay clam and look for opportunities to strike when the market is in viscous form.
Do you know why casino is always the winner. Assume there are 6 players on the 'black jack' table, 2 are winner, 2 are average and 2 are loser. In the end of the games, the house will win, why??? Simple, the house have the highest probability to win! Luck will never count if your are the house! It only apply to players.
In Forex market, big boys who have the bigger capital and handful of resources act like the house. In casino, when the house lose, they may need to give payout to 5 playes. But if they have double aces or good cards in hand, you will see they sweep all the chips from the players side to theirs. The same concept apply to big boys in Forex Market.
To become the house in Forex market, you need big capital, resources, good friends and experience. For me, forex market is like the Super Mario games, you need to go from level to level. The highest the level, the toughest things you need to overcome before you can save the princess.
