With all the talk these days about investing, and with everyone eager to ‘beat’ the market, an average trader gets so caught up in the minutia of the process that he gets carried away. This is when mistakes happen- some of them irreversible. By trading blindly, a successful investor can lose his shirt overnight and he won’t know what hit him. People are so involved in making a big hit, they lose sight of reality and find themselves plummeting into a deep hole from which they can’t emerge.

With all the talk these days about investing, and with everyone eager to ‘beat’ the market, an average trader gets so caught up in the minutia of the process that he gets carried away. This is when mistakes happen- some of them irreversible. By trading blindly, a successful investor can lose his shirt overnight and he won’t know what hit him. People are so involved in making a big hit, they lose sight of reality and find themselves plummeting into a deep hole from which they can’t emerge.

Before this happens, a prudent investor must call a halt to his investing for while and revisit the basics of Forex trading. He must stop in his tracks, take a step back and count to 100 before proceeding further. This applies to all traders and investors, especially those who almost mechanically go full steam ahead without ever stopping to evaluate and review their situation.