Author: AdmaD

AdmaD is a seasoned professional in Forex trading with a background in financial services and investments. Previously associated with Dukascopy Bank SA Switzerland, studied forex trading, insurance, real estate, and mortgage banking and extends to alternative investment strategies, particularly in Gold and Silver Investments, IRA Rollover services, and Commodity Online Trading.

South Korea and Indonesia move on currencies

The Bank of Korea has become the latest central bank to step into the money markets in a bid to stabilise its currency.

The Korean won has declined by 10% against the US dollar in the past month, and the bank said it was taking appropriate steps to stem the falls.

The move follows a similar action by the Indonesian central bank on Thursday to shore up the rupiah.

Trading Psychology – Staying Calm Under Pressure

Whether you are dealing on the Forex market or any of the other financial markets, trading can be a very stressful activity at times. The main problem is that whether a trade goes for you or against you, it can affect your emotions in a profound way, and this can lead to you to behave in an erratic fashion. Needless to say, letting your heart rule your head is rarely an effective trading strategy, but if you get too emotionally involved in what you are doing, it can be difficult not to fall into this trap. If you are making lots of small trades throughout the day, this can magnify this issue, as you might be on a roll one minute, and making a big loss in the next. When things happen quickly like this, it can be very difficult to keep your emotions in check. Even if you have set down a specific trading strategy that you plan to stick to, it can be hard to execute it when you are overwhelmed with emotion.

CFD markets

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