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Don’t add to losing trades
This is a very common mistake, an easy trap to fall into. You add even more to the losing position with the thinking that the original loss will be covered over with an even greater reward. The danger is of overexposure to one market. The risk then becomes of even greater losses. Like staking everything on the outcome of one horse in the Grand National to cover over all the other losses in the months before. It may seem to work on occasion, but don’t be fooled by a favourable escape on the odd time. With this approach when it goes wrong it will be worse than it ought to have been. Don't lose all your hard-earned ... (full story)
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- Sep 4, 2021 3:33am Sep 4, 2021 3:33am
- lance338
- | Joined Aug 2011 | Status: Member | 15 Comments
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- Sep 4, 2021 5:46am Sep 4, 2021 5:46am
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3121 Comments
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
53,122.0%
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- nAVIN2007
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- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- Glastonburyk
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- Sep 6, 2021 8:37am Sep 6, 2021 8:37am
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3121 Comments
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
53,122.0%
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- Sep 6, 2021 11:30pm Sep 6, 2021 11:30pm
- umbrella man
- | Joined Aug 2009 | Status: Member | 552 Comments