This is why you should be nimble when trading ...Middle East

I thought this was a great example for new traders on being open minded and nimble when conditions change. The fear of political instability triggered by the failure of the first voting round sent the DAX lower.

It's critical for a trader to be open minded and not get attached to his/her own bias when conditions change. If you took a trade because of X and something invalidates the original reason, just get out. This will not save you money in the long term, but might also improve your performance if you can also take the other side.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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