Trading Tip

by Marco Schultheiss
(Germany )

For those who adhere to this specific principle, you'll have a probability of becoming successful throughout the course of trading time, for those who do not stick to this particular concept you'll be sure to lose your hard earned money rapidly. This particular concept is straightforward Do Not 'Overtrade Ever' for this is a quick approach to burn all your investment capital fast.

My personal thought on over trading will be risking excessively too much money on a trade. As an example, if you're buying and selling on a $10,000 account and you also place a eur/usd trade nowadays you need to reduce your losses to 2% of the trading account which in cases like this will be $200. That will allow you to be not right on numerous trades yet still be around to experience another trading day. In CFD's and forex trading, you'll have bad deals that are for sure therefore be sure you handle those losses with dignity and start working on a new trade.

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by: Tony

Top notch Marco! And yes it provides very clear once more that there's always a great deal to understand the risk.

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