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Old 09-10-2008, 08:28 AM   #5 (permalink)
jazzz
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Default Re: To Control risk....

Quote:
Originally Posted by dekac View Post
Hi Traders

Regardless of how you make your decisions you need to proceed with confidence tempered with caution. Whether you use technical analysis or fundamental analysis or flip a coin, it really doesn't matter as much as developing your own investment strategy, and proceeding with it until you are sure it is working or failing. Do not take council of your fears, and bounce around with no pattern, overreacting to every setback. Nor should you grow overconfident and let a small temporary success lead you into foolishness. Remain constant and stick with your plan....
yea right..... sticking to the plan is very important..... changing strategy frequently can really damage trades.
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