Thursday, November 1, 2007
Pre-London
I entered long after the third break of hourly trendline (green line). I never stay for long in pre-london trades because of the stop hunting. I quitted fastly with 8,2 pips. Immediately after this it reversed, I could lose 30 pips and the gains if I continued. My philosophy : Take the peanuts and run!
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This is really good and I believe that if we want to succeed than we must continue with this mindset, it is not possible to achieve everything in one go, it’s small that makes big ultimately, but if we are not able to do this then we are always going to struggle badly. I take whatever is on offer especially with superb broker like OctaFX, it has rebate program where I earn 15 USD profits per lot size trade even on losing trades.
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