“Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.” – Joe Vidich One of the top reasons why 90% of traders fail, may be because they get emotionally involved and compromised. Not even the top or best trading strategies in the world will do a trader any good if they allow emotions to trump logic. The number one reason traders surrender to emotions is the fear of losing money. A fear like this can become debilitating when a trader allows the potential loss to exceed their comfort level. With this in mind, the best way to mitigate against this fear is for a trader to reduce their position size until they are 100% comfortable with the loss, even if this means risking as little as half of a percent of their account balance per trade, so be it. Join Forex Social, A Hub for Forex Traders Worldwide. https://forexsocial.co.za ____________________________________________ #forex #forexmotivation #forexinspiration #forexquote #forexsocialnetwork https://www.instagram.com/p/CfBQuTOoQNX/?igshid=NGJjMDIxMWI=
