Friday, May 7, 2010
Just before the opening
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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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1 comment:
We have to do proper analyzing before operating a trade; it is no use to think after we are into it. Firstly we have to use lot size that connects with our capital or allow it enough breathing space. I do use higher lot size, but it is thanks to OctaFX broker’s fantastic 50% bonus on deposit offers, but without this, I am always using strict money management because this is how we will win majority of the trades and without that, we will be in risk.
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