Sunday, April 25, 2010

There is nothing wrong with facing adversity

(This is an mini article series to encourage traders to learn how to be a better trader written by Eric Lye)

All traders like to be right, but at the same time they are worried that they are right when they are not in any position (missing of trades).  This is a constant struggle that a Forex trader faces every trading day.

Chances are when we do not have a clear thought process, we start ourselves on the road of random trading (where most indicators traders would set themselves up if they do not have the fundamental skills of trading)


When we are in our ebb, losses keep coming back.  There is nothing wrong with facing adversity and we need to do is to learn how to bounce back when we face losses.


Eric

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