Forex Trading Psychology There are many answers in the market to this question: Why do most forex traders fail? - Some blame it on over trading - Some blame it on emotions - Some blame it on revenge mentality - Some blame it on impulse - Some blame it on the market - Some blame it on bad luck - Some blame it on poor entry - Some blame it on not taking profits - etc etc etc As you can see, there will be tons and tons of reasons that explains why forex traders fail. This is all that relates to forex trading psychology. But i strongly believe that it all leads to one answer. MONEYForex Trading Psychology – The Main reason Why Forex Traders Fail Yes, the answer is MONEY. The main reason why most traders fail is because of money. No doubt that we all trade forex for the money. But it will be the money that kills us in forex. Forex trading psychology – Let me explain. To us our money that we put in our forex capital is our hard earn money. Who isn’t? when we have that mentality that we CANNOT lose the money in our capital. And as all man are greedy. We want to multiply our capital FAST. That’s when we lose it all. To succeed in forex trading, we have to FORGET that there’s money involved. You have to learn to trade not because of the money. But because you like forex trading and you are passionate about it. You have to learn to trade right and not trade for the money. Yes, the answer is MONEY. The main reason why most traders fail is because of money. No doubt that we all trade forex for the money. But it will be the money that kills us in forex. Forex trading psychology – Let me explain. To us our money that we put in our forex capital is our hard earn money. Who isn’t? when we have that mentality that we CANNOT lose the money in our capital. And as all man are greedy. We want to multiply our capital FAST. That’s when we lose it all. To succeed in forex trading, we have to FORGET that there’s money involved. You have to learn to trade not because of the money. But because you like forex trading and you are passionate about it. You have to learn to trade right and not trade for the money. FOREX TRADING PSYCHOLOGY – The Main reason Why Forex Traders Fail All the above reasons leads to the main answer. MONEY. If we are not trading for the money, but if we just want to focus on mastering our trading and trading it right. There will no longer be any emotions in place. I highly recommend traders to forget about the money in forex. For more FREE Price Action Forex Trading Strategies, Visit www.asiaforexmentor.com