I believe consistency is all what matters, it won’t make any difference if we make huge number of pips, but it’s all about how consistently we are doing it. I am lucky that I have to pay just 0.2 pips spread for all major pairs, it is given by OctaFX broker and they are really special company that helps me making consistent profits due to such conditions, it really helps me perform well and as I said the main reason for my consistency is them.
"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.
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
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.
3 comments:
I see you went back to the 1 second chart huh? =) I thought you liked the range a little better=)
i can't decide between the two! sometimes the 1 sec id more clear, despite the noise and dead periods it contains..
I believe consistency is all what matters, it won’t make any difference if we make huge number of pips, but it’s all about how consistently we are doing it. I am lucky that I have to pay just 0.2 pips spread for all major pairs, it is given by OctaFX broker and they are really special company that helps me making consistent profits due to such conditions, it really helps me perform well and as I said the main reason for my consistency is them.
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