The 4 basic human weaknesses in trading: Greed, fear, impatience and pride. How do these emotions cause so many Forex traders to lose money? Let’s examine the ways.GreedGreed causes poor traders to increase the size of their trading positions the moment they’re “in the money” (in a winning trade). This often results in these traders [...]
There’s a gross misunderstanding about trailing stop losses that cause many amateur traders to misuse it… resulting in them losing money unnecessarily without even knowing why!Trailing stop losses are often used by amateur traders because they believe it maximizes profits and reduces losses. While this may be possible in theory, in practice this is rarely [...]
Stop-loss hunting is essentially the act of a powerful (i.e. wealthy) financial institution that temporarily causes the market price to hit your stop-loss order and causing you to exit the market at a loss. In this short article, I will discuss the typical market conditions that encourage stop-loss hunting, and how to avoid it.How Does [...]
