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  #204 (permalink)  
Old 05-09-2008, 04:15 PM
mytwopips mytwopips is online now
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Join Date: Mar 2008
Location: Huntsville, TX.
Posts: 1,241
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I feel for you guys, but don't give up. But you do need to take a little time away from the market to clear your head. If you don't, you will find yourself revenge trading.

Ever wonder why the casinos put the $50 and $100 slots at the exit?

I once blew $350,000 on a bad business deal. No, it wasn't Forex but the money was the same no matter what. Also, I am not rich. Blows like that hurt. Yet I didn't give up and well on my way now to being back to where I was.

That is why I am looking at trading. With trading, if you make a mistake, just tell yourself "I screwed up" and walk away to the next trade with most of your capital still in place. In business, if you screw up, you lose almost all capital.
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