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Re: pennies2007 post# 49908

Saturday, 12/19/2009 3:05:03 PM

Saturday, December 19, 2009 3:05:03 PM

Post# of 140146
Just a heads up. It's quick to over leverage if you enter more than one pair.

I remember when I first started going in small, I'd say oh I have plenty of room lets add here, or this looks good, add this, and before I know it I'm in trouble.

Stick to your plan, whether it's adding every 50 pips, every 100 pips. Look at EU's latest move, and determine where you entered first, and then look at your avg down points, and see how much you'd be down overall because as we both know this kind of move in EU is ridiculous.

To be successful in the trading game, find a sound strategy and then learn and understand the rules of your strategy.

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