In India, Foreign Exchange or Forex trading is not allowed. If someone is found trading Forex instruments on the Forex market by the Reserve Bank of India’s representatives, he she is immediately charged of violation of law. Hence it is legally a crime to involve in Forex trading and the charges of the crime are imprisonment in jail in this count

Psychological factors play a significant role in forex trading risk. Traders must manage their emotions, such as fear and greed, to maintain discipline in their trading strategy, which is essential for proper risk assessment and execution. A disciplined mindset can constitute up to 90% of trading success, influencing decision-making and adherence t