Tuesday, April 7, 2009

Bad trading

On the first trade I had a +8 on hand and waited for a 10 and that turned to a -2,3... On the second, i was super confident that the breakout was coming and refused to close... Price went to -18 and then resumed the up move, i closed at +7,2.

Old bad habits never left me, they are just less frequent now. Trading is an endless fight for a better self control.

1 comment:

Rajesh said...

Sometimes, it’s fine to make such mistakes but till we have learned from it then. If we keep worrying about mistakes we made then we will not be in shape to perform well, so we need to make sure we learn from our mistake in order to really go far. I have so many opportunities to do that and it’s all through help of OctaFX broker, as they are master piece with several benefits, but above all is their rebate scheme which I just love and helps me get 50% back on all trades.