There is nothing worst for me than entering into a trade only to see it head the other way I expected. But I have found something worst! Its sitting in that trade with the blind expectation that it might turn around and only to see the trade run even more faster the other way!
What I do know is that the Knowledge to Action strategies work – however! You need to practice, practice and practice more until you get a “feel” for the currency pairs you are trading. I also try and stick to the rules Knowledge to Action teach you as they help control the amount of loss per trade.
Lucky Knowledge to Action teaches you risk management with Forex trading on the Ultimate Forex course as I had a stop loss in place to reduce my loss…
