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Over-cautions trading
Location: BlogsForex Beginners Guide    
Posted by: francesco 3/30/2007 7:36 AM
Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As I have stated previously, you have to give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade to do so, you will end up undercutting yourself and losing a small piece of your deposit with every trade.
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