Just like in the stock market, fear and greed are the big killers. They can decimate your trading account faster than a tornado tears up houses. Think about it this way. There are three classic mistakes most traders make at one time or another.
Steve Lee Jones – Forex Invasion SystemDescriptionIf you’re not into Forex yet, let me just say that it’s a pile of money waiting for you to scoop some up…if you know what you’re doing, that is. If you don’t know what you’re doing, it’s like lighting yourself on fire. Not a fun game. If you’re into Forex but you’ve lost a lot of money, I’ll ask you a simple question…do you know why Forex trading is so hard? Make no mistake, it IS hard. If you have to figure out everything that works and everything that doesn’t, that’s tough. But why? Because of emotion. One, they stay in a trade too long, because they this is the one that’ll make them rich. That’s greed.Two, they get out of trades too soon, because they think they’re going to lose big. That’s fear.Three, they don’t get into trades they should, because they’re afraid of losing money like last time. That’s fear too. Download immediately Steve Lee Jones – Forex Invasion System Forex Trading – Foreign Exchange Course Want to learn about Forex? Foreign exchange, or forex, is the conversion of one country’s currency into another. |