Sticking To the Plan: The Importance Of Following Your Trading Plan

Posted by on Jan 7, 2010 in Education | Comments Off

Making a trading plan is no joke. It takes a whole lot of effort and research to come up with a trading plan that is perfect for you. The problem is, sometimes, when that ticker or number goes up and up or down and down, we can’t control ourselves and jump the gun on selling whether for profit or loss. The problem with that attitude is, once you break away from your...

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So You Made a Mistake in Trading

Posted by on Dec 28, 2009 in Education | Comments Off

So you have taken a loss. Okay, let us say you have taken an astounding loss. What now? It is not the end of the world. Now comes the part where you rise above the colossal mistake you have made in forex trading. Owning up to it. Know you have made a mistake and it is a fact. Stop blaming anything or anyone else. Owning up to a mistake is the start. The sooner that you...

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