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Friday, March 2, 2012

Forex Trading Rules: Logic Wins; Impulse Kills | Investopedia

Forex Trading Rules: Logic Wins; Impulse Kills | Investopedia: "

  1. ntroduction
  2. Never Let a Winner Turn Into a Loser
  3. Logic Wins; Impulse Kills
  4. Never Risk More Than 2% Per Trade
  5. Trigger Fundamentally, Enter and Exit Technically
  6. Always Pair Strong With Weak
  7. Being Right but Being Early Simply Means That You Are Wrong
  8. Know the Difference Between Scaling In and Adding to a Loser
  9. What Is Mathematically Optimal Is Psychologically Impossible
  10. Risk Can Be Predetermined; Reward Is Unpredictable
  11. No Excuses, Ever


Read more: http://www.investopedia.com/university/forex-rules/rule2.asp#ixzz1o1YJKi4N


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