Friday, December 9, 2011

Forex Strategies Greed part 4





Most traders in the forex market try to make a zillion dollars on every trade.
They're greedy. This leads them to stay in a good trade, hoping to get more money out of it. This can lead to disaster -- the trade can move against them and they get creamed. This happens all the time, and it still happens to me from time to time. It's the single greatest threat in trading. But you can already understand why that's probably true. But how do you overcome greed when trading?

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