Friday, July 23, 2010

The importance of not Overtrading

If you reach your daily goal and continue trading you may win some and you may lose some. After winning and losing you can end up where you were when you began the trading day. It is a good idea to have a target and stick to it. When you make x amount of profit for that day then you quit trading. The amount can be a percentage increase of your account or a set figure for that day. If you use an expert advisor most of them have an option to set a target. You should ensure this target reflects your daily goals.


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