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Published on 07 Mar 2013 | over 3 years ago

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The First step to become a successful trader is to understand the Psychology of Trading and cultivating Emotional Discipline. A Beginner to the Forex Trading field usually comes with no knowledge and full of wishful thinking. The world around him, the forums, the blogs, the brokers all convince him that it's about some Magical System and Strategy that will make him a millionaire in a year or two. Usually nobody talks about the huge Psychological warfare that a man undergoes with himself and his emotions like Fear, Greed, Anger, and Hope. You can make money in Currency and Commodity Trading even without a single Indicator, but without Emotional Discipline and Money Management, you cannot make a single penny with a thousand indicator. I suggest you have a look at the video fully, even if you already know what a Candlestick is in Technical Analysis. Take care and Be blessed... don't forget to Subscribe (click below the video) and Like and Comment. :)

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