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Learning From Failures or Loses
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[QUOTE="Shaf, post: 228441, member: 25467"] Trading forex without a system that you follow is just another type of gambling, relying on luck which in most cases works against you. If John had actually taken time to learn what to do, applied the knowledge acquired and controlled his emotions during the trade, he wouldn't be in loss, or at least, he would still have his capital to go into another trade. It's also not just enough to have a system, but you should try to ensure that it is successfully back tested over a number of trades to work out at least 50% of the time so you can break even. [/QUOTE]
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