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The converse is true for losing positions, as the losses are compounded according to the pip movements of the asset. Regardless, a trader can hold on to his/her position as long as they desire, unless the losses exceed the minimum margin requirements, at which point.
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If you are trading the Euro, you will want to look at European trading times and adopt a similar strategy to trading as you would take on for the yen. The European market (Frankfurt) is open from 2:00 AM Eastern to 10:00 AM Eastern. Commodities.
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