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Thursday, April 30, 2015

Use ‘Economic War Strategy’ When Trading


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King Pyrrhus
Making a trade is like sending soldiers on the march, declaring war, in anticipation that the cost of doing so will bring gains and fortune outweighing losses. Trading is the war, with each trade a battle.
The trick in war is to know your limits, and not overextend yourself — doing so leaves you vulnerable to attack. Even winning battles while the tide is against you will cost you in the long run, …

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