First, hold a respectful attitude. The foreign exchange market is not a casino. Many novice forex traders take it for granted that the forex market is a casino in disguise because of its high leverage and huge profits. Therefore, they hold the heart of running, and do not regard foreign exchange trading as a sacred cause in their hearts. Traders with this mentality will definitely give you a head-on blow.
The second is mentality, empty cup thinking and learning new knowledge. No matter how brilliant you have been in the financial investment market before, when you first come to the foreign exchange market, you must abandon all your previous ideas and re-plan your trading behavior and study plan with an open mind. The third mentality, don't try to get rich overnight. Foreign exchange trading is a lifelong undertaking that can be engaged in for a long time, and the trading process is also a scientific and systematic process. Therefore, we should be cautious, scientific and planned in the transaction process, and use long-term stable and profitable operation methods.
Novices in foreign exchange trading often make some money when they first enter the business. They thought their bright future would come, but the funds in their accounts lost all their profits and even part of their principal in the next transaction. In fact, this can't blame these traders. They didn't make any mistakes in the transaction process or the transaction itself. The mistake is that when they came to the foreign exchange market, they didn't adjust their mentality, and they regarded themselves as veterans of the previous financial market, thinking that they could make a splash in the foreign exchange market with ease. In this way, the reality will definitely give him a cruel blow, and some people will wake up from the cruel blow, so as to correct their mentality and face the foreign exchange market again.
Novices in foreign exchange need a correct attitude to fight a protracted war in the foreign exchange trading market.