Why do most traders hold their trading positions longer than they should? Stuart McPhee retells how a little trading experiment provided amazing insight into common trading mistakes.The fact is, most people don’t follow their system once their money is in the market and looking back it can be difficult to reason why.
Create a trading plan and stick to it. Successful traders have a plan. Highly profitable winners have a plan developed with their own trading coach. Without a coach and a plan, both new and seasoned traders are sure to fail in the markets.

Posted on Forex Video Zone.