Hi all,

Normally, what's your heart-beat like when you approach your trading especially time to get-out from the forex-trade?

I share one of my experiences that when I "double-up"(don't try this tactics as this was my earlier trade without been to any study), in order to get closed of my "exit" plan as the market trade against me.

I had double-up twice the trade to chase for GBP/USD in order to close the trade, my heart-beat popping almost out from my mounth as each time the target getting closed.

After closing-out the trade (finally after second "double up and closed to third double-up the market suddenly retrench and I got a chance to exit), I just look like finish the Marathon run.

Did you guys had the same experiences? How best you all handle that?

Pathfinder

hello,

i can recommend you the following reading: "The psychology of Investing" of John R. Nofsinger.

Nice and fast reading book. It helps to recognise different situations in the investment-process and to find out the typical vices of traders and investors.

rgds

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Analytic-Eye
Fibosignals.com

Thanks mate!