I can say from my experience that I have lost a lot by trading emotionally. A lot of times I have closed with a loss in profitable trade which was very sad for me. That is why one should never trade emotionally.
One thing I have followed is that those who are big investors usually work less on their emotions and that is why their business is improving so much. Trading is no exception. It is possible to make money from trading by giving up emotions.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.