Forex encyclopedia

One of the main difficulties in regulation of financial market by state over the course of its entire history is the legal demarcation of transactions with derivative financial instruments from betting and gambling. This delimitation directly impacts on model of regulation, as well as on the possibility of providing people conducting operations on over-the-counter financial market and Forex market with a judicial protection. All the time legislation of developed countries was rather critical towards gambling. In the eye of Roman private law, transactions aimed at gambling were the subject of criminal law, whereas parties of betting were denied judicial protection.
Psychology is considered to be one of three pillars in trading (along with trading strategy and money management), on which entire success of the Forex operations is based. That is exactly why it is crucial to have a proper psychological determination during trading time by controlling your emotions and preventing interference of emotions into decision making process. Prior to starting market analysis and setting yourself directly to trade, devote some time to a correct determination to work. First of all, give yourself a smile and try to relax. There if no use in a hurry, whereas a positive determination is crucial for trading.
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Forex encyclopedia
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