Why we trade? The answer is for money. We all need money to get freedom. Freedom to move around and freedom to spent. Since the forex market is open round the clock, this is a dillema the most of the traders spent maximum of their time sitting infront of their computer watching their entries. They loose freedom to move around on the first hand. Since they are watching all the time, when market takes a retrace, pressure builds up and human factor comes into play. This pressure makes them cut their entries in losses even before their stop loss point. So they loose their money and hence freedom to spent too. So when the trade is planned and made after an analysis, just define stops and limits and move away from your screens. This will make you grow your money. This works. Try it.
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