3. BASE TRADING DECISIONS ON LOGIC AND REASON
It is the teachings of PLATO all along. Perhaps the spirit of PLATO would be happier with this rule of the trading gurus. Those who are wondering what has good old PLATO got to do with the world of FOREX? The answer is this – PLATO has always preached the values of Rationality, Reason, and Logic over the age-old morality and emotions. He accredited morals and emotions as being destructive forces. He labeled them as a hurdle in the way to success and development. He always put the likes of reason, rationality, and logic at a high pedestal - claiming that these are the keys to success and development.
It seems that it is very likely that the trade gurus are disciples of PLATO in this regard. In today’s world of science and technology, PLATO’s teachings are of more value in order to be at the top. There is no place for emotions and morals. This world solely relies on making correct decisions at all times. In this way, there is no scope for any emotions. That is the reason it is often advised to hand over the reign to the rational side of the brain. This is termed as the motto for online stock investment success. The world only salutes the rising sun. There is no chance for the setting sun.