What Is The Best Forex Success Formula Towards Bigger Profits?
Every forex trader wants to find that one forex formula that will ensure success in all trades. The truth, unfortunately, is that what is the best forex success formula for one trader is not necessarily the best one for another trader. Let us briefly look at why this is the case. The biggest reason why one formula works great for one trader and not very well for another one is the fact that traders are human beings. Being human, they have emotions, weak and strong points. They make mistakes based on greed, fear or over-excitement. A professional trader could for example very well trade without a stop loss. Years of experience have taught him to let go of a losing trade, as soon as all hope that it will turn around – has faded. A novice trader, on the other hand, might find it very difficult, nearly impossible, to trade without a fixed stop loss. He might not be able to accept a loss and in the end wipe out his whole trading account in the process. The same is true when it comes to prof
