[jgerousis]

Where shall I begin? Why it took me so long to write this tip, leave it to last. Sth so important? It is not procrastination - no. it’s not insecurity. It is fear. Fear of writing a tip which may lead the trader on the wrong path to his search for the much coveted Trading for a living. No fault of mine. It is ANGER!

Last monday, I was hungry, so I thought I would go down and buy a sovlaki from the shop around the corner, on my way to a seminar. When I got there, and put my hand in pocket, a CENT fell out from my pocket, on the street.

Now here's the delimma. Since I hate throwing away money, even if it is a cent, I wanted to bend down and pick it up. But, would I risk the only button in my trouser to pop up and lose it? Provided that night I have a very important lecture/seminar for fellow business/traders where I wanted to explain some TA's for them? And thus staying the whole seminar, one hand on the blackboard and the other holding my pants? Or just leave the cent and let go?

This is exactly what happens in real forex. You lose some pips in your account. You try to get your losses back, by risking your money, and by trading not according to your rules, but according to your anger. Then you will be risking your WHOLE account.

So Today's tip is "ANGER". Don't get angry at your losses. Losses are part of the game.

Lastly, everyone wanted to know why I have taken so long to write this tip, simply:" it was the weekend!"