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Ericthetrader

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    TradersLaboratory.com
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    Indonesia

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  1. 2. Not Having Money Management... - this is for me the worst mistake among the list.
  2. 1. Not Having a Trade Plan... 2. Not Having Money Management... 3. Not Using Protective Stop Loss Orders... 4. Taking Small Profits and Letting Your Losses Run... 5. Overstaying Your Position... 6. Averaging a Loss... 7. Increasing Your Commitment with Success... 8. Over Trading Your Account... 9. Failure to Take Profits from Your Account... 10. Changing the Trade Plan Mid-Trade... 11. Not Having Patience
  3. With the tremendous leverage Forex trading offers, you are frequently exposed to the basic emotions of fear and greed. At certain times throughout your trading career these emotions can make you completely and absolutely irrational, oblivious to what is really happening. It can make you rely on hope; hope that the market will do what you want it to do because it "must"! Otherwise, you will lose all of your trading capital.
  4. Try out QuestFx.. I've tried them before..
  5. Hi, I was wondering.. There's an FCM business for lease.. Is it ok for me to post it here?
  6. Most of the time I use hard stops... to prevent me from taking too much risks..
  7. Seriously can think of anything right now.
  8. Poker I guess is more psychological, trading is strategic and your playing against the market.
  9. I'm using LucrorFx.. So far so good. They are young company but very supportive.
  10. Johnny, Learn a lot of good points. Thanks
  11. When investing, pessimism is your friend, euphoria the enemy. ~ Warren Buffett
  12. Stops, Yes, If you don't use it, it will kill you financially....
  13. I'm with a New Zealand regulated broker right now. LucrorFx. They don't have commissions.
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