1) All traders must understand one important thing in Forex Business, Holding profit for a long time is the only way for making yourself a Profitable trader. In Simple words, Run profit for long time and close the losses soon. NOTE: Closing profit sooner is equal to Making more losses.
2) Trading Physchology : All Human Beings are Emotional Creatures in the world. we all have emotions (happy, sad, angry,…) We need to manage our Emotions while trading.
3) Money is the most important thing in Human’s life. The Most important things in the world is always combined with emotions. Forex Traders are all here to make and see more money in their life. That’s the reason, Trader’s are more emotional while trading.
4) If you want to avoid some emotions while trading, just move your SL to entry price if market goes positive on your trade.
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