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Establishing and following a plan is imperative in forex trading. Many traders have a plan, but let emotions get when it comes to executing it properly. Once you enter a position and set your stops, stay in unless you are stopped out or the reason you entered the trade has changed. selling gold Patience is key in forex trading, and without it you WILL fail. If you don't have patience, this is simply not the career for you. You must create a long-term strategy and then stick to it right through until the end. This is simply not a get-rich-quick scheme, instead it's knowing that working the same successful rules over and over again will get you a net profit over time.