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Keep losing money trading forex. 10 ways to avoid losing money in forex

Keep losing money trading forex Trading Time I suggest 3 hours a day of quality, focused trading time; thats about all your brain allows. Put on your trade and give it a decent size stop loss so that you dont get knocked out by random noise. Master of None Focus on one currency for technical trading. It doesn't matter what happens next week or next month, if you are trading with 30 to 50 point stops restrict your thought process to whats happening right now. Stop Losses Putting tight stop losses with retail brokers is a recipe for disaster. If you want to pick up a position at the bottom, pick up the bottom in an uptrend, not in a downtrend. As a trader, you just have to accept that you're wrong sometimes and move on, instead of clinging to the idea of being right and ending up with a zero-balance trading account.
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10 ways to avoid losing money in forex

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  • Reasons Why Forex Traders Lose Money
  • 45 Ways to Avoid Losing Money Trading Forex
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45 Ways to Avoid Losing Money Trading Forex

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It takes guts to accept your loss and wait for tomorrow to try again.

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10 ways to avoid losing money in forex

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