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Thread: Trading for a living. Tip #1

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#20 (permalink)

06-26-2008, 06:03 PM

forexmoments forexmoments is offline

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Put simply, one needs to stick to a system. One musn't chop and change every 5 minutes, how will you ever know what works? This is one of the main issues I notice with a lot of newbies.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 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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