The entry was late and risk was taken on the first trade, price went to -10 and then again up.
Tuesday, March 10, 2009
Subscribe to:
Post Comments (Atom)
"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.
Popular Posts
-
Watched Avatar with family today. Not bad at all! I was wrong, writing the other day that Avatar is just a popcorn movie. It is more, it... -
A warm hello to you all! I am on the mountains with family to avoid the awful heat of this bloody summer. After some comments on the prev... -
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.... -
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...
tracker
1 comment:
We need to be very careful that we don’t risk our whole account for few pips, as often we get into mindset where just to collect 10-15 pips, we end up losing 50-100 pips, so that’s where use of stop loss is crucial and we need to be certain on the trade before going into it. I always work with extra dose of freedom thanks to OctaFX broker’s mighty rebate program that brings 15 dollars profits per lot size trade including the losing trade as well.
Post a Comment