There are 3 main emotions every trader at one part of their careers experiences; Greed, Fear & Hope. The successful ones learn to manage these emotions and try to make lots funds!

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Your trading plan can be as simple as that, simply a series of statements answering those 7 questions. You also shouldn't spend too enough time creating your trading plan as rrt is going to frequently change throughout your job.

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It's quite normal for traders to experience all 3 of the above emotions at the same time; however it's possible for traders conquer these emotional obstacles and join the 5% of 'emotion free traders'.

Do not trade along with no specific forecast: It is named blind trading and unless you are a philanthropist serious throwing away your money to willing brokers, do not yourself involved in it. Find out the strategy that is better suited for you and in order to to think of a sound forecast. Even though your forecast might not come to pass through all the time, is actually always always much easier to trade with a forecast than funding pips news trading thoughtlessly. You will be more justified one does lose money on best platform a forecast trading than losing on a blind trading. It will develop your forecast trading strategy and also you from a better position to acquire more achievements.

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