After Establishing a Foundation in Forex Trading Alternatives to Online Investing

After Making a Trade, Stick to It

Once you have decided to place a trade, stick to it and let it run its course. This means that if your stop loss is close to being triggered, let it trigger. If you move your stop midway through a trade's life, you are more than likely to suffer worse moves against you. Your determination must show itself when you acknowledge that you got it wrong, so get out.