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Risk Management In Forex
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[QUOTE="Benjamin Aphedzy, post: 156294, member: 51607"] If your analysis is wrong, please take small loss and go home . "He who fights and run away will live and fight another day but if he dies while fighting, he can't fight again and he who also gives up the chance of winning" Always have a risk before you start a trade , make it a reasonable risk not over 200 pips. That's something to put in mind in the first place , it's not even advisable to put a stop loss over 200 pips as a swing trader . Anonymous speaker once said , If Stephen in the Bible had run away when he saw that the people were about to stone him to death, he would have at least, lived another day because Jesus Christ escaped from synagogue when the people had the wanted to arrest Him when it wasn't his time. Well John fought and escaped to Patmos. That's why we have the book of Revelation today in the Bible . As a trader, learn to fight and run away . It's not cowardice, it's wisdom. [/QUOTE]
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