Forex trading can be like football. You win some. You lose some.

[thenews]

Sometimes risking a little more, works out for you too

In the US, the college football season is getting underway on Saturday. Yippee.  

A comment from an Attacking Currency Trend trader reminded me of conversations I have had with my son, a college football coach.  The comment was about a trade that got stopped out right before turning around and heading the other way. 

Could it have been avoided?  Maybe.  

Sometimes we as traders miss technical levels that are right behind our stops, much the way a football quarterback might miss seeing a lurking defensive back.  It happens.  It is not the end of the world. There will beother trades as long as risk is defined and limited.  

However, if you pay attention to the detailed technical levels, your small losses may turn into scores. And that is how you win more trading games.