When you love the small loses, you will still be able to maintain
your focus to trading as you are not consistently mourned over the loss.
As a forex trader you will
always have to put your money on the line. Losing money is an option you
will have to prepare yourself to. This is also the reason why you
should not use up all the Forex trading money in your daily account and
use up most of the money. When you do that and then you loose in the
trade, then you will have not have any spare capital to restart the
trading.
The process itself is important to determine your success in
the Forex Trading, but you will also need to do the analysis to know
just how far you have gone and what you need to improve as a forex trader.
This will help you to prepare for the next. During the weekend, the
market is closed and you can actually do the analysis and planning
during the weekend to prepare yourself for the coming
week Forex trading. Maybe you will be able to find the pattern in which
the market is moving right now and the week before. This movement can be
the guidance for your next week’s opening. You will also be able to
create the right planning for the next week.