Entered long at TL break, price hesitated and risk taken again, finally closed at +3, as I had to leave office, missing the nice move up.
Friday, June 27, 2008
Risk taken again
Entered long at TL break, price hesitated and risk taken again, finally closed at +3, as I had to leave office, missing the nice move up.
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Risk is very much part of life and one can’t really remove it, but it is crucial that we take calculate risk and don’t go blindly, if we trade with proper money management and calculated risk then there is no issue, but the moment we do gambling we will lose up. I am working with OctaFX broker and they allow me to take risk without fear thanks to their rebate service where I get 50% of the money back according to the paid spread.
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