{"id":28657510,"date":"2022-10-21T15:33:55","date_gmt":"2022-10-21T19:33:55","guid":{"rendered":"https:\/\/expertoptionfinancebroker.com\/?p=28657510"},"modified":"2023-09-19T07:17:52","modified_gmt":"2023-09-19T11:17:52","slug":"how-trading-forex-teaches-you-about-yourself","status":"publish","type":"post","link":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/","title":{"rendered":"How Trading Forex Teaches You About Yourself","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<div style=\"width: 1080px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-28657510-1\" width=\"1080\" height=\"1920\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/TTT-GRANT-INT-AD-2.mp4?_=1\" \/><a href=\"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/TTT-GRANT-INT-AD-2.mp4\">https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/TTT-GRANT-INT-AD-2.mp4<\/a><\/video><\/div>\n<h2><b>Know Yourself to Learn Your Forex Trading Style<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Interestingly, the best Forex traders had to learn who they were before becoming successful Forex traders. Most people don\u2019t initially realize the psychological aspect of trading.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trading Forex requires technical abilities when analyzing charts, but that\u2019s not all that trading requires. When someone is trading they have to know who they are in order to understand what trading style works best for them. <\/span><\/p>\n<h2><b>Are you a Swing Trader or an Intraday Trader<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">First, let\u2019s define swing trading. <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Swing_trading\"><span style=\"font-weight: 400;\">Wikipedia<\/span><\/a><span style=\"font-weight: 400;\"> defines swing trading as \u201ca speculative trading strategy in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or \u2018swings\u2019.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, let\u2019s define <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Day_trading\"><span style=\"font-weight: 400;\">intraday trading<\/span><\/a><span style=\"font-weight: 400;\"> which is \u201ca form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, so that all positions are closed before the market closes for the trading day to avoid unmanageable risks and negative price gaps between one day\u2019s close and the next day\u2019s price at the open.\u201d <\/span><\/p>\n<h2><b>How Trading Forex Teaches You About Yourself<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">After learning technical and fundamental analysis, every trader has to decide what trading style works for them. In the video we posted, Grant details his experience with trading and how holding trades for several days or weeks doesn\u2019t suit his trading style.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Grant prefers intra-day or day trading because he doesn\u2019t have the emotional capacity to withstand the ups and downs of holding trades longer than a day.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, trading forex will teach you about yourself because it will help you determine how well you can deal with your emotions. Trading large sums of money is emotional and stressful. Even the best traders talk about how the emotional aspect is stressful. <\/span><\/p>\n<h2><b>Managing Emotions in Forex Trading<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Some basic emotions that traders have to manage when trading Forex is stress, impatience, greed, fear, and overconfidence. When trading Forex, managing these emotions will be the key to your success.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to stick to your trading strategy and be patient. Follow the rules that you have set forth that work with your style of trading and never be overconfident. While trading, you can be up big one minute, and before you know it, you\u2019ve blown your account.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Managing your emotions will help you accomplish your trading goals. Traders who are in control of their emotions will make better trades.\u00a0<\/span><\/p>\n<h2><b>Join a Community of Traders<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Are you ready to try a TopTier challenge?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">TopTier Trader has quickly become one of the top prop firms and we want you to win!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you win, we win! Trade with our capital and get funded up to $600,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, make sure to <\/span><a href=\"https:\/\/www.toptier.dsstaging4.com\/\"><i><span style=\"font-weight: 400;\">try a challenge<\/span><\/i><\/a><span style=\"font-weight: 400;\"> and trade to live!<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Know Yourself to Learn Your Forex Trading Style Interestingly, the best Forex traders had to learn who they were before becoming successful Forex traders. Most people don\u2019t initially realize the psychological aspect of trading.\u00a0 Trading Forex requires technical abilities when analyzing charts, but that\u2019s not all that trading requires. When someone is trading they have&#8230;<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":521,"featured_media":28657512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[62,64,63,65],"acf":{"post_description":"Trading Forex requires technical abilities when analyzing charts, but that\u2019s not all that trading requires. When someone is trading they have to know who they are in order to understand what trading style works best for them."},"cp_meta_data":{"affwp_affiliate_submission_forms":["a:0:{}"],"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1695122135:28066"],"_edit_last":["28066"],"_thumbnail_id":["28657512"],"_yoast_wpseo_focuskw":["How Trading Forex Teaches You About Yourself"],"_yoast_wpseo_metadesc":["How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading."],"_yoast_wpseo_linkdex":["77"],"_yoast_wpseo_content_score":["90"],"_yoast_wpseo_focuskeywords":[""],"_yoast_wpseo_keywordsynonyms":[""],"_yoast_wpseo_estimated-reading-time-minutes":["3"],"_yoast_wpseo_wordproof_timestamp":[""],"_yoast_wpseo_primary_category":["49"],"enclosure":["https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/TTT-GRANT-INT-AD-2.mp4\n33636523\nvideo\/mp4\n"],"post_description":["Trading Forex requires technical abilities when analyzing charts, but that\u2019s not all that trading requires. When someone is trading they have to know who they are in order to understand what trading style works best for them."],"_post_description":["field_6359148593741"],"_yoast_wpseo_title":["How Trading Forex Teaches You About Yourself"],"_encloseme":["1"]},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Trading Forex Teaches You About Yourself<\/title>\n<meta name=\"description\" content=\"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Trading Forex Teaches You About Yourself\" \/>\n<meta property=\"og:description\" content=\"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\" \/>\n<meta property=\"og:site_name\" content=\"Toptier Trader - Funding For Driven Traders\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TopTier.Trader\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-21T19:33:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-19T11:17:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/screen-shot-2022-10-21-at-33313-pm.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1126\" \/>\n\t<meta property=\"og:image:height\" content=\"736\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Andres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@_toptiertrader\" \/>\n<meta name=\"twitter:site\" content=\"@_toptiertrader\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\"},\"author\":{\"name\":\"Andres\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#\/schema\/person\/3be27f7788c40389cc29edd656ca8a28\"},\"headline\":\"How Trading Forex Teaches You About Yourself\",\"datePublished\":\"2022-10-21T19:33:55+00:00\",\"dateModified\":\"2023-09-19T11:17:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\"},\"wordCount\":489,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#organization\"},\"keywords\":[\"How Trading Forex Teaches You About Yourself\",\"teaches forex\",\"trading forex\",\"trading forex lesson\"],\"articleSection\":[\"Trading tips\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\",\"url\":\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\",\"name\":\"How Trading Forex Teaches You About Yourself\",\"isPartOf\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#website\"},\"datePublished\":\"2022-10-21T19:33:55+00:00\",\"dateModified\":\"2023-09-19T11:17:52+00:00\",\"description\":\"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#website\",\"url\":\"https:\/\/expertoptionfinancebroker.com\/\",\"name\":\"Toptier Trader - Funding For Driven Traders\",\"description\":\"Providing TopTier funding solutions to clients since 2021\",\"publisher\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/expertoptionfinancebroker.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#organization\",\"name\":\"Toptier Trader - Funding For Driven Traders\",\"url\":\"https:\/\/expertoptionfinancebroker.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2023\/09\/toptiertrader.jpg\",\"contentUrl\":\"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2023\/09\/toptiertrader.jpg\",\"width\":1200,\"height\":630,\"caption\":\"Toptier Trader - Funding For Driven Traders\"},\"image\":{\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/TopTier.Trader\",\"https:\/\/twitter.com\/_toptiertrader\",\"https:\/\/www.instagram.com\/toptier.trader\/\",\"https:\/\/discord.com\/invite\/WrC2xdZZng\",\"https:\/\/www.youtube.com\/channel\/UC1ouyi5hZao95CMpoVMxQdQ\",\"https:\/\/www.tiktok.com\/@toptier.trader\",\"https:\/\/t.me\/joinchat_TopTierTrader\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/expertoptionfinancebroker.com\/#\/schema\/person\/3be27f7788c40389cc29edd656ca8a28\",\"name\":\"Andres\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Trading Forex Teaches You About Yourself","description":"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/","og_locale":"en_US","og_type":"article","og_title":"How Trading Forex Teaches You About Yourself","og_description":"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.","og_url":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/","og_site_name":"Toptier Trader - Funding For Driven Traders","article_publisher":"https:\/\/www.facebook.com\/TopTier.Trader","article_published_time":"2022-10-21T19:33:55+00:00","article_modified_time":"2023-09-19T11:17:52+00:00","og_image":[{"width":1126,"height":736,"url":"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2022\/10\/screen-shot-2022-10-21-at-33313-pm.png","type":"image\/png"}],"author":"Andres","twitter_card":"summary_large_image","twitter_creator":"@_toptiertrader","twitter_site":"@_toptiertrader","twitter_misc":{"Written by":"Andres","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/#article","isPartOf":{"@id":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/"},"author":{"name":"Andres","@id":"https:\/\/expertoptionfinancebroker.com\/#\/schema\/person\/3be27f7788c40389cc29edd656ca8a28"},"headline":"How Trading Forex Teaches You About Yourself","datePublished":"2022-10-21T19:33:55+00:00","dateModified":"2023-09-19T11:17:52+00:00","mainEntityOfPage":{"@id":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/"},"wordCount":489,"commentCount":0,"publisher":{"@id":"https:\/\/expertoptionfinancebroker.com\/#organization"},"keywords":["How Trading Forex Teaches You About Yourself","teaches forex","trading forex","trading forex lesson"],"articleSection":["Trading tips"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/","url":"https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/","name":"How Trading Forex Teaches You About Yourself","isPartOf":{"@id":"https:\/\/expertoptionfinancebroker.com\/#website"},"datePublished":"2022-10-21T19:33:55+00:00","dateModified":"2023-09-19T11:17:52+00:00","description":"How Trading Forex Teaches You About Yourself by managing emotions when looking at Forex charts, swing trading vs intraday trading.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/expertoptionfinancebroker.com\/how-trading-forex-teaches-you-about-yourself\/"]}]},{"@type":"WebSite","@id":"https:\/\/expertoptionfinancebroker.com\/#website","url":"https:\/\/expertoptionfinancebroker.com\/","name":"Toptier Trader - Funding For Driven Traders","description":"Providing TopTier funding solutions to clients since 2021","publisher":{"@id":"https:\/\/expertoptionfinancebroker.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/expertoptionfinancebroker.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/expertoptionfinancebroker.com\/#organization","name":"Toptier Trader - Funding For Driven Traders","url":"https:\/\/expertoptionfinancebroker.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/expertoptionfinancebroker.com\/#\/schema\/logo\/image\/","url":"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2023\/09\/toptiertrader.jpg","contentUrl":"https:\/\/expertoptionfinancebroker.com\/wp-content\/uploads\/2023\/09\/toptiertrader.jpg","width":1200,"height":630,"caption":"Toptier Trader - Funding For Driven Traders"},"image":{"@id":"https:\/\/expertoptionfinancebroker.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/TopTier.Trader","https:\/\/twitter.com\/_toptiertrader","https:\/\/www.instagram.com\/toptier.trader\/","https:\/\/discord.com\/invite\/WrC2xdZZng","https:\/\/www.youtube.com\/channel\/UC1ouyi5hZao95CMpoVMxQdQ","https:\/\/www.tiktok.com\/@toptier.trader","https:\/\/t.me\/joinchat_TopTierTrader"]},{"@type":"Person","@id":"https:\/\/expertoptionfinancebroker.com\/#\/schema\/person\/3be27f7788c40389cc29edd656ca8a28","name":"Andres"}]}},"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/posts\/28657510"}],"collection":[{"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/users\/521"}],"replies":[{"embeddable":true,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/comments?post=28657510"}],"version-history":[{"count":9,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/posts\/28657510\/revisions"}],"predecessor-version":[{"id":28658154,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/posts\/28657510\/revisions\/28658154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/media\/28657512"}],"wp:attachment":[{"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/media?parent=28657510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/categories?post=28657510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expertoptionfinancebroker.com\/wp-json\/wp\/v2\/tags?post=28657510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}