Less is More – 10 situations when not to trade

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Hunting signals, looking for a cross on your Stochastic, waiting for the pinbar to finally print, hoping that the gap will close and anticipating that support will hold – this is trading. Wrong. The reason so many traders fail is because they are always trying to get in the next trade whereas all they should do is find reasons to trade less.

If you don’t believe us, just wait until you arrive at the end of this article and you will understand why trading less and knowing when not to trade is the skill the professional and profitable traders have perfected.

“Money is made by sitting, not trading.” – Jesse Livermore

 

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A Forex Trader’s Biggest Lesson For Life: Stop Comparing Yourself To Others

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It is Friday! Happy T.G.I.F everyone. It has been a while since i written any post as I just back from Korea trip and complete a crazy week after BOJ and FOMC annoucement, barely sleep for 4 hours everyday. Finally I can have some good rest too, hope you too🙂

So this time I am going to share with you a good article from a trader where his first post appear in huffingtonpost. I can’t agree more with his stand in this post.

So let’s read!🙂

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