Attempt to make regular withdrawals of your earnings when trading. Many people do not do this and can never ever truly experience their physical payouts. It is your money to do with as you please, you don’t have to keep all of it in the trading account. Don’t begin thinking that you can make the most of profits by putting every penny back in because you can still lose. Make time to enjoy your profits.
FX EmpireThe SpreadFX EmpireThe spread is the difference between the bid price and ask price of a currency pair. Usually long orders are executed at ask price and short orders are executed at bid price. Once a trade is executed, the trader’s position is thrown into debit …and more »…The Spread – FX Empire
Being reckless with what you are trading, or being oblivious has actually caused many to people to fall short. If a stock is already losing, there is no point in putting more cash into it. Common sense informs us that this is a bad concept, but many people appear to not pay attention and do it anyways. Ensure you are knowledgeable about your trades, and listen to your gut feelings when buying.
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