Random article: Psychology of the Forex trading
It is an open secret that the most part of freshmen coming to the Forex lose their deposit in their first trading year. Some statistics shows that in percentage terms it is up to 95% from all beginning traders. A bunch of material on technical analysis and recommendations on preservation capital are in circulation and novices primarily focus on studying these works. Forex psychology in their education program is considered an afterthought and fades in the insignificance. In practice, having a good knowledge of Money Management, excellent trading system and serious capital, novices get to lose all their capital.