Friday, May 30, 2008
End of month
No trades today. I had a busy end of month in my day job, now I can trade but the market is not moving any more.
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"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.
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1 comment:
I also believe that end of the month is always better to rest because that’s where the market is setting down and we can basically review our performance and gear up for the upcoming month. If we are too greedy then we will destroy all the hard work that we did previously. I am working with OctaFX broker where they have excellent facility for daily reports, so just having that makes me feel comfortable and I am able to improve my performance.
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