Two Ways to Increase Your Risk of Loss
by John Gaines
If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. Your risk of losing increases exponentially if you do either of these two things:
Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period), or seek advice from too many sources - multiples input will only result in multiple losses. Take a position, ride with it and then analyze the outcome - by yourself, for yourself.
Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period), or seek advice from too many sources - multiples input will only result in multiple losses. Take a position, ride with it and then analyze the outcome - by yourself, for yourself.
Source: http://ezinearticles.com/?Forex-Trading-Tips&id=113582