Agree! A good trader should know how to separate emotions from trading. This is not easy to accomplish. One should follow strict trading rules and avoid being greedy.
I think the biggest challenge for any trader would be to sustain in the forex trading journey and the one who masters this, succeed
Developing consistency is the hardest, especially when you are starting out. You can’t learn trading in a week or month. You have to be very disciplined., which not all traders can keep up with.
The biggest challenge as a trade is maintaining patience. Waiting for right opportunity for making trades is very important so as we do not miss potential trading opportunities.
Traders need to have flexible approach towards forex trading and should be able to adapte to the ever changing environment of the market in order to survive its volatility.
the market is too much volatile to predict the real faction of this market with certainly . so we fall a trouble situation when trading in practical.
Trader must maintain control over your thoughts and emotions throughout each trade. Avoid letting fear, ego, or greed affect your trading choices. Many traders give in to their fear of missing out and sabotage what might have been an good trade.
I agree, frustration initially will lead to losses. Even when I started as a new trader I tried to stay calm and gather knowledge before i jumped into it. Good knowledge and understanding of what you are doing helps in taking decisions.