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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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5 comments:
wonderful entry and a wonderful exit! great trading this morning. No fighting the trend. How was your gain goal-wise? +/-??
Nice trade, noting wrong with taking a profit.
Thanks guys.
I really don't have goals for a day and will not have them.
as long as the goal in the long run is to have more gains than losses thats what matters. I still think you need a way to quantify in some sense what you have done for a certain period of time though. Maybe every month as you have been doing is good enough for you? see you tomorrow.
Regarding goals, it seems to me that I'm happy when I have a positive week, so this is some kind of goal and also I'm pleased with 100 full size pips a month. I now have a plan of withdrawing any gain above 100 FS pips a month. In that way I will get a feel of money from trading however big or small it may be, not just scorecard on some internet trading platform.
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