Dubai: When Bernd Skorupinski came to Dubai by way of Germany six years ago, he had no idea he would leave his job to become a fulltime trader. Foreign exchange currency trading, commonly referred to as forex, is a market where banks, businesses, investors and traders come to exchange and speculate on rising or dropping currencies. But to Skorupinski, the appeal to trade came from not only investing in an open market that requires little to feed and leverage, but also investing in himself. According to Abu Hantash, forex trading is more popular in the UAE than ever before, citing the number viet jet ipo brokers that have sprang up.
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Learn how to improve your trading psychology and develop a mental edge when trading the currency market. How To Enter Forex Trade Orders Like a Boss. The Basics of FX Trade Psychology; Understanding Fear Of Missing Out; How to Overcome Greed; Risk-to-Reward Ratio; Tapping Into a Successful. Forex trading psychology is one of the most important aspects of trading that can have a massive impact on how people conduct their trading.