Tag: losses

People usually fear what they don't know.You cannot judge or label something and soon you become familiar with it.First impressions certainly are a perfect example.One individual could have preconceived notions about someone who they don't really know much about.After they become familiar with see your face, they recognize that their first impressions were invariably false.The ditto applies with very cheap stocks...

To earn money in the currency markets, setting stops can be an imprecise science and involves plenty of learning from your errors, but it can be an integral section of being truly a successful trader.An excellent analogy would be to compare stops to purchasing insurance for the business.In the event you avoid insurance altogether because you are not sure how much you will need, or since it can cost you just a little money? No...