Well put and succinctly said. Never trade with a closed mind, always watch to know what the market is saying.
A Simple Question to Ask Yourself before Every Forex Trade
Talking Points: -Harmful Trading Habits -A Helpful Pre-Trade Question -Adjusting Your Trade Based on Your Answer “As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.” -Mark Douglas “We ought not to yearn for things that are not under our control” -Epictetus in Discourses, 3.24 Trading with a closed mind is dangerous business. If you’re new to FX trading, that may sound surprising to you. After all, you likely reason, the best traders are probably the best analysts or those with precise forecasting ... (full story)