The 7 Deadly Sins of FOREX - and how to Avoid Them by Marc Low - HTML preview

SOLUTION:

Simply put, don’t do it. If you are speculating on future movement, you must be aware of the leverage you are using, and how it will affect the eventual outcome. Calculate your full exposure and remember that less is more. You may hit a home run with this trade, but in the event that things don’t work out quite like you planned, don’t strike out all at once.