neil
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Found this article whilst surfing; Aimed more at new traders:
Getting Through Your First Month of Forex Trading
Getting Through Your First Month of Forex Trading
First month of FX
1) Open account, trade a couple of times and lose, stop trading and go out to celebrate your new account
2) Return, lose money on first trade of day, revenge-trade and wipe out 50% of account. Go out to drink and take your mind off things and 're-evaluate'
3) Return, make some money, gain confidence, double your size, lose it all. Break computer screen, kick the dog, start drinking in the afternoon
4) Top up account, repeat steps 1-3
1) Open account, trade a couple of times and lose, stop trading and go out to celebrate your new account
2) Return, lose money on first trade of day, revenge-trade and wipe out 50% of account. Go out to drink and take your mind off things and 're-evaluate'
3) Return, make some money, gain confidence, double your size, lose it all. Break computer screen, kick the dog, start drinking in the afternoon
4) Top up account, repeat steps 1-3
