The fear to lose gained pips gives conservative exits, like mine.
1 comment:
Arjun
said...
If we are capable of spotting the right trend in nick of time then forget about 13 or 5 pips, it can lead to gigantic profits, it can be seen that you could have gained more had you waited longer, but you did the right thing because greed is something that will always destroy us, so that’s why I always love to work with OctaFX broker with their low spread of 0.2 pips for all major pairs, so that helps me earn more money easily!
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
The year is 2055. Most of London is under water. Sydney is in flames. Las Vegas is being swallowed by the desert. The humans have perished....
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
If we are capable of spotting the right trend in nick of time then forget about 13 or 5 pips, it can lead to gigantic profits, it can be seen that you could have gained more had you waited longer, but you did the right thing because greed is something that will always destroy us, so that’s why I always love to work with OctaFX broker with their low spread of 0.2 pips for all major pairs, so that helps me earn more money easily!
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