A Great Lesson for Traders

I came across this Article in Trader Daily. I know for myself taking a loss is the hardest thing to do. I think it is part of being a trader. When taking a position it is you against the market. From time to time you are going to be wrong. It is not the number of times either, it is how quickly (or slowly) you decide to cut the position that separates the successful traders from the pack.

Enjoy the read.

Good Luck and Good Forex Trading.