238595 Resource 128463 172796 172796 1251464817586 1251464878081 Controlled Planning Your Trades

Sooner or later, the trader who won their first trade puts on a loser and acts much like the trader above who lost their first trade.

<a href="http://www.fx360.com/commentary/brad/1850/planning-your-trades.aspx?aid=5704">Planning Your Trades - FX360 </a> When most people start trading, they do not put much thought into their trades. They will either buy or sell a currency pair (probably the EUR/USD) because they think they see a trend or maybe even because they put a moving average on the chart. Sometimes there is no reason at all for the trade, they just want in. Either that trade nets a small profit or the trades starts going against the new trader. The trader that gets the small profit will feel invincible and likely base trades in the near future on the same reason as the first one. Of course they expect every trade to win. The trader whose position moves against them leaves their position open, stares at the their computer without blinking, and laments that they will get out if the market only goes back to break even. <a href="http://www.fx360.com/commentary/brad/1850/planning-your-trades.aspx?aid=5704"> Full Story at FX360.com</a> 10 application/xml false easy emotions enter entering entry profit stop trader trading Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.9.0.3) Gecko/2008092417 Firefox/3.0.3 127.0.0.1 127.0.0.1 kmcpherson 206.114.34.165 false true false false true 128463 blog blogsite/GFTForex/web