Friday, April 18, 2008

Common Sense Guidelines for the Average Trader

ook for a reputable broker
Ability to trade effectively depends on consistent spreads and ample liquidity
Anyone can establish a position
Ability to close out a position at a fair market price is more important

Live to trade another day
Apply prudent money management skills
Avoid using excessive leverage that puts your investment capital at risk
Always trade with a stop!

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