NEVER TURNS A WINNER INTO A LOSER

 #4 NEVER TURNS A WINNER INTO A LOSER

We have all violated this rule. However, it should be our goal to try
harder not to violate it in the future. What we are really talking about here is
the greed factor. The market has rewarded you by moving in the direction of
your position; however, you are not satisfied with a small winner. Thus you
hold onto the trade in the hopes of a larger gain, only to watch the market turn
and move against you. Of course, inevitably you now hesitate and the trade
further deteriorates into a substantial loss.
There is no need to be greedy. It’s only one trade. You'll make many
more trades throughout the session and many more throughout the next
trading sessions. Opportunity exists in the marketplace all of the time.
Remember: No one trade should make or break your performance for the day.
Don't be greedy.

About Author

I am Ninoslav Golubovic, the owner and CEO of MAPROFX my FB Page find here and Instagram here.

As per the job profile, my first work is to determine the signals of forex trading and guide my team members in that direction. The next work that I have is to
ensure that the risks associated with this trading are minimized to the maximum extent and so that people get maximum profits.