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Without good money management practices you’re a dead duck just waiting to be shot!

The reason trading with a system is the #1 tip is because most objective analysis is done before the trade is executed. Once a trader is in a -10 pip -25 pip position he/she tends to analyze the market differently in the "hopes" that the Forex market will move in a favorable...
  Most of your time trading is waiting for a correct setup to occur. There always will be money left on the table. You will never catch 100% of a move. Once you realize that, you’ll be miles ahead. You are waiting for those perfect setups. The Better The Trade Setup The Better Chance...
Both Sides of The Sword Is Very Sharp
Do not over trade. One of the most common mistakes that traders make is leveraging their account too high by trading too much of their account at one time. In other words, over – leveraging. Leverage is a Doubled – Edged Sword! Just because one lot (100,000 units) of currency only requires as...