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The attributes of a greed Forex trader
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[QUOTE="Finger Geek, post: 277082, member: 27389"] Greediness is one of the reasons why many people are lossing there money in forex trading. It is not that they don't have a working strategy but it is because they are greedy, that is why they are lossing there money. This has also happened to me many times. The last one that happened to me and I decided to not be greedy was when I have already made profits from $2 to $21 in 2 weeks. So the trade that took all my money was a trade that I saw and entered, I was supposed to close the position after 50 pips but I was greedy and aimed 100 pips. So when it reached 61 pips, it gradually fall back I was thinking it will go up back and make my profit but that did nit happen. I would have still retained my money but because I did not put stop loss as I was expecting that it will go up but I lost it and my funds reduced to $6 [/QUOTE]
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The attributes of a greed Forex trader
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