Trading psychology tips – GBP/USD swing trade update [Video]
|In todays live forex trading video we covered an update on our remaining bonus position on our live forex swing trade GBP/USD we took last time. We already posted few forex trade videos on our live forex trade GBP/USD but in todays video we covered in depth our trading mindset, psychology and our thinking process behind having a successful long-term forex swing trade running.
Staying in your forex trades (either swing, day trading or scalping positions) for a longer time is great way for practising your discipline and patience.
Not every forex trade will run in your favour forever, but you have to take to take advantage of big market moves by staying in your forex trades and manage your trades smart, trailing your stop loss over major forex support and resistance zones and by observing forex price action and market behaviour.
Being a forex swing trader is great way to learn the discipline and patience. Practice on each and every trade to become a better forex or futures trader. Practice makes perfect.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.