Using the News in Forex Trading Valuation Techniques for Value Investors

Utilize Stop Losses to Keep Profits Real

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Fantasizing about possible profits and then "spending" them before you have realized them is no good. Focus on your current position(s) and place reasonable stop losses at the time you do the trade. Then sit back and enjoy the ride - you have no real control from now on, the market will do what it wants to do.
Source: http://ezinearticles.com/?Forex-Trading-Tips&id=113582