what is the forex market

If you can do this, you have achieved a good result, that will help you succeed in the future. A wrong attitude is to stay in a losing trade in the hope that the market will reverse the trend. Negative emotions have a strong impact on your mind. They affect all mental processes and may represent an obstacle to the trading. If you are not happy and confident in yourself, you'll likely take the wrong decisions. It is essential to accept losses as part of the business, learn from them and try not to make the same mistake in the future.

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what is the forex market

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Hence, to create a unified financial order in the postwar world, all the major economic powers attended a meeting formally known as the United Nations Monetary and Financial Conference, or the Bretton Woods Conference, in 1944.