[ravercan]

I’m a full time student at UTM, so I’m forced to spend an ample amount of time in the library. Fortunately or unfortunately I spend a great deal of that time on daily basis studying and reading about forex. So I trade with caution as much as possible on every single trade. And yet I’ve experienced that most of my losses are because I held on far too long on a loosing trend. Always fooling myself into thinking what the market will do next. I know its emotionally disturbing when you’re negative is getting larger and larger, and it gets that much harder to exit. But money saved is money gained! My recent bad experiences were on EUR/JAP and EUR/USD! Be objective and let the market tell you what to do, and don’t get mad at it by trying to get revenge. I think having the right psychology is as important as knowledge. In any case I hope that I didn’t intrude on anyone’s discretion, I just thought I should mention. Thanx.