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Hope - Hopeful traders are closely related to gamblers. Tend to be available into the 'hoping' they'll make money. They place trades and 'hope' it will go involving their direction. Hardly ever let bad trades encounter even worse trade hoping the market will turn and bring them to be able to profit. Hardly ever let good trades turn bad whenever they hope marketplace will in which bit extra and these a few more pips. Hopeful traders have no real plan and use little market analysis in their trading. These similar several novice snooker player who simply 'hits and hopes'.

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