Forex Trading System

Many traders that using small time frame, try to shift to larger time frame when they are in losing position. They keep their lost because they hope prices will turn around at larger time frame. They set stop-loss more larger than they set before. they are looking for more reasons that can keep their position at the market. They can not accept if prices touch stop-loss. They think if they lose at forex so that means they are losers.

Actually when we are looking for entry to the market, we don’t only set entry position but we should know when exit from market. There are two exit strategy, stop-loss and target-point. When price move away from our position we can only change our stop-loss smaller or set to BEP. We also can set stop-loss to lock our profit.

Lose at forex market is not your fault. As long as we follow our trading system, it’s okay. Professional traders sometimes make bad position and get lost. But they always get profit at the end. Because they can manage their stop-loss. We have to manage our losing trader smaller than our winning trades. We all don’t like lost at trading, but we have to accept it as part of our business.

So, you should stay only in one time-frame until the end of your position.

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