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Answer Upon - FOREX Trend Following – A Major Mistake Made By Novice Traders
The January issue of Entrepreneur Magazine had a great article on brain science in business. The article quoted Daniel Amen M.D., a much-loved author and ADD expert, who said that:“There's a very high incidence of ADD among CEOs in small companies...These are people who take risks, need people to help them stay org
Most traders fail to do this.
In my
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Most novice traders are right about market direction in FOREX trend following, but then end up losing, because they simply cannot accept huge gains!
Sure, all traders want them, but most traders can’t accept them, this will become clearer with a little more explanation.
One of the most important rules of trading is run your profits to cover your inevitable losses.
Most traders fail to do this.
In my
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Most novice traders are right about market direction in FOREX trend following, but then end up losing, because they simply cannot accept huge gains!
Sure, all traders want them, but most traders can’t accept them, this will become clearer with a little more explanation.
One of the most important rules of trading is run your profits to cover your inevitable losses.
Most traders fail to do this.
In my
Customer relationship management (CRM) is one of the most effective tools for improving customer relationships and therefore increasing revenue, customer satisfaction, and customer retention. Unfortunately, some CRM strategies fail. This leaves CRM vendors and their customers baffled, but there a few common reasons why a C
Sure, all traders want them, but most traders can’t accept them, this will become clearer with a little more explanation.
One of the most important rules of trading is run your profits to cover your inevitable losses.
Most traders fail to do this.
In my
Employment is probably the most brainwashed term heard in daily socialization; this is one of the reasons why job-hunting strategy is the must for those entering today’s employment rivalry.Besides curriculum vitae (CV) or r?sum? which I name: the career tool described in listing format, “Covering letter or cover let
One of the most important rules of trading is run your profits to cover your inevitable losses.
Most traders fail to do this.
In my
One morning long ago, I was in my office when an attractive woman, carrying a briefcase and wearing her best "selling suit", came into the office and asked for my boss. I could see through my bosses glass partition that he was on the phone, so I asked her to take a seat till he was finished.In the meantime, I was t
Most traders fail to do this.
In my experience I have seen traders who are great at getting trend direction right – Yet they end up getting bumped out of the longer term trends.
They bank a $1 or 2,000, when they could have made $10 – 20,000!
When they get a profit their delighted.
The bigger the profit gets, the more inclined they are to take it (even though the market is going their way) in the end they snatch it and bank a minor profit.
Why Traders Cant Follow Trends
The reason they do this, is simply they can’t accept that in a
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