Stop watching your Forex Trades – You’re a trading addict

Stop watching your Forex Trades – You’re a trading addict If you find yourself unable to sleep at night and rolling out of bed at 4 a.m.

to check the trade you entered the day before, you just might be a trading addict.

Many traders do this and it is mainly a result of either risking too much or over trading.

A good rule of thumb for determining your risk tolerance is whether or not the amount you have risked keeps you awake at night.

If you find that your thoughts are dominated by the current trade you are in and what is happening with it, it is likely time to reduce your risk or just stop trading for a while.

Many traders get addicted to trading the forex market without even realizing it.

Forex trading success means that you often aren’t in the market; in a sense if you are correctly trading the forex market it should actually be pretty boring to you.

This is because you should have pre-defined all aspects of every trade you enter so that there are no thrilling or devastating surprises.

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