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Follow your trading plan even it means taking a predefined loss. That's why Henry's news trading make very good sense.

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You can only make good decisions with a tried and tested strategy. With a tried and tested strategy you are confident everytime when you take a trade. Also I advise you never to trade when you are tired.When you are tired you tend make mistakes even with a tried and tested working strategy.

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By not repeating the bad ones.

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We can make good decisions in trading base on our past experience. The decision making process shall be make less emotional but objective.

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