As a novice investor, you've probably made many irrational emotional mistakes

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This event led to the widespread use of the term 'bear'. At around the same time, ‘bull’ made its first significant appearance on the market, as a counter to the bear. This term referring to a speculative purchase in the expectation that the price would rise has its origins in ancient matches where bears and bulls were fierce opponents. In the Elizabethan era in London as well as in ancient Rome, bears and bulls were put into an arena to fight one another.


This animal imagery caught on and has been a central part of the financial nigeria business email list markets until the present day. Overcome the biggest obstacle in Forex trading, greed, and give way to profit making. Understanding the mood of the market is vital, not just for opening successful trades based on sentiment, but also to understand yourself and your trading decisions. Ego and emotions play a crucial role in investors’ market decisions.


As a novice investor, you've probably made many irrational emotional mistakes, and that is entirely understandable. Being able to replace emotions with reason isn’t easy and doesn’t come to us naturally. It is something you must learn. A wise person once said that people are motivated by greed when buying and fear when selling. With greed referring to optimism and fear of pessimism. If you want to become a successful Forex trader, greed is probably the biggest obstacle you’ll have to overcome.