How can you expect to be or stay successful or happy if you hate losses? If you want to be a top-trader, you may need to learn to love your losses. Cherish and study your losses. They are your most valuable learning source. You learn most from the losers, not the winners. However, if on the contrary you hate your losses, you will tend to deny and forget your losses, and with that come not only lost learning opportunities, but discipline problems, like not taking losses quickly enough, or taking profits on wins way too early, just because you don't want a win turn into a "loss" again. What happens is you become a slave to your own greed and fear. Now, do you want to be a free person, or do you want to live life as an ever-scared and battered quaker slave to greed and fear? The choice is yours alone.
Hi Chaw, No. I am from Europe. LOL P.S. Try the demo from CMS-Forex. No time limit. When you have doubled the capital, you are ready to start trading your own money real-time. www.cms-forex.com
According to MNI: Stop-hunting. The brokers starts the day (in Europe) taking out their customers' stops. They know where they are.
Brokers running their clients' stops??? Shouldn't this be an illegal activity? Correct me if I'm wrong. Do you have the link to MNI saying that?
Good trade, jrichman. I'm going to stick to trading the charts from now on. I just get in trouble when I try and analyze the fundamentals.