Initially I faced a good load of losses when i started Day Trading. however, I know it now, and I am saying this from my past experience.
- Only Day trade on Currencies you personally believe in.
- Take a small profit and get out. Don't push your luck.
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Solid advice, getting greedy is when it goes from trading to gambling.
Especially #2, your much safer, and better off to grab multiple small wins rather than trying you hit a home run every trade.
Also, take small losses. One thing people often dont do and end up holding on and pulling out with a massive loss.