Trading Forex with emotions and feelings is fun. Taking positions by instinct brings excitement to trading Forex especially when a trader wins.
Trading by the rules is boring. That’s because a trader knows in advance what and when and how to take trades by following the instructions – a trading plan.

There always was and will be a temptation to go around the original rules.
There is somehow always appear to be a good reason “just this time to make an exception from the rules”… Don’t do that. Be firm.

Many Forex traders come back to their charts every day to analyse the market and find a good trading opportunity. However, not many traders realise that analysing the market does not necessarily leads to trading the following day.

A trader should never take a trade just for the sake of being in a trade and/or just because he has spent time analysing the market today… By conducting market analysis you only keep track of the situation in the market, nothing more than that.

A good trader is a bored trader. He will repeat his routine day after day, following the plan and avoiding any temptations to break the rules.

A bad trader is a trader whose excitement about Forex trading causes his emotions to interfere with his trading plan, more often than not bringing troubles with it.

What type of trader are you?

** Forex Dark Lord **

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