Never Take a Trade Because of Fear of Missing Out

In today’s video I took a trade that was timed poorly. The reason I made the decision to enter and break my rules was because I was afraid of missing out on the profit on the trade. I am sharing this because it was a good lesson that I already knew and sometimes I have to learn lessons over and over again. Fortunately for me I ended up on the positive side on the day but not because of good trading but because of luck. I don’t want to be lucky I want to be a disciplined trader. I know that lucky traders eventually lose so I am going to chalk this one up as a lesson learned that I won’t make this mistake again.

Watch the Video and share a comment about a time you learned a valuable trading lesson.

The following two tabs change content below.
Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news