Steady profits in uncertain times, that's the dream of every investor. The question is, how do you achieve that goal?
Let's face it, there are a lot of distractions in this crazy world that we are living in. Those distractions, whether we like it or not, do play on our emotions and in turn, affect our decisions.
The same is true for making trading decisions. We are distracted many times by external events. These events, for reasons perhaps unknown to ourselves, lead us to make decisions that we ordinarily would not make.
Emotions are the #1 element to control when you are trading and certainly more money has been lost trading on emotion than has been made.
So what's an investor to do? Continue reading "Steady Profits in Uncertain Times"

When trading in a market that is as fast paced as Forex is, preventing substantial losses is just as important as coming out ahead. You need to have systems in place as a part of each plan that not only will maximize your gains, but will also minimize your losses if your trade does not go as you thought it would.