Saturday, March 9, 2013

Sucessful, Profitable Foreign Exchange Trading: Tips, Tricks, And Advice

The downside to buying and selling currencies using Foreign Exchange is that you take on inherent risk with your trading activities, but the risk is even larger if you don't understand forex trading. This article should help you trade safely.

Never change a stop point. Set a stop point prior to trading, and be sure to stick with it. Do not alter a stop point for bad reasons. If you reset your stop point, you are probably throwing away money.

Reinvest or hold onto your gains, and use margin

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