Emotions can have a negative effect on your trading that's why you need to stick with what you have written down especially if trading the forex markets. If you have set targets and stop losses that you have set then you need to use them and not let yourself get caught up emotionally,this will only cut into your profits. When you take emotions out of your trading you will see your profits rise and your losses reduced. Pulling the trigger to make a trade becomes easy when you have a investment plan in place.

 Some key points of your investment business plan should include some of the following. Take a look at yourself and decide why you want to start trading stocks or the forex market. Are you only interested in making money you should be careful with this as emotions can be a big problem. What are my weaknesses and strengths can I afford to lose some money.  Can I set aside enough time to dedicate myself to this business?

 Stock trading is a business and you need to have a business plan just as if you were starting a new company. You need to have a written trading plan to have your business successful financially.