Apr 04 2009
Importance of taking break after a big winner in forex trading!
When I was a newbie in forex market I often made a mistake and repeated that for first few months .The mistake was , after a realy big winner I used to think I made such a great amount of cash with this trade, lets make some more easily and then I used to overtrade the way I would like and lose both the big winning profit and my initial deposit. This was psychological and it took me quite long to get over it. After this I learnt that a break from the markets after the big winner is necessary . This really helps a lot as we feel refreshed after the break from markets and the profit over the trade reassures us that if we take only best set ups like the ones resulted in the large profit over time , we would be accumulating large profits from less number of trades .Over last few years we have followed this quite often to ensure that returns stay good and healthy to make good money on it!It may sound weird to newbies but the protraders would agree with me.Thats the piece of advice from me for the day!Happy trading!







































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