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22/07/06
00:05
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re: 4 weakness
Geeze .... that is pretty nasty.
I don't want to pontificate, but capital management is an essential part of CFD trading. I never risk more that 2% of my capital on any one trade.
Well placed stops are a must ... I lock in stops to break even and then trail them to lock in profits as the trade moves in the right direction.
Losing trades are exited quickly.
I guess it's not everyone's cup of tea, I have done okay with CFDs.
When the market stabilises and trends up once again I will be looking for buy & hold "value" shares to accumulate.
Until then, I am content to remain 70% cashed up with the balance used to make quick 'hit and run' profits via CFDs.
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