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Risked some on the third. I let it go as a rounding bottom formation was profiling.
Friday, January 15, 2010
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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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We should trade only when we think it’s going to be a winning deal; it makes no sense to trade when we’re not certain since that only increase our risk. I always keep my safe side and thanks to OctaFX broker, I am able to do it fairly easily which is through their rebate program where I am able to earn 50% back on all trading orders and that’s even with losing trades too, so that’s why it’s ever so much easier and better which helps me in performance.
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