Thursday, June 17, 2010

Bad day

I have my moments of stupidity when trading, rather less frequently now than in the past. My own symptom of stupidity attack, is the prediction euforia. On these moments I can "predict" where the market is going, i can anticipate on price move. To feel more clever than the markets is the supreme stupidity in this job and the perfect suicide method.

The same mistake twice within minutes today. That means that I am in VERY bad shape and I must stop NOW. The reasons can be several : bad sleep, fatigue, a father in critical condition and so on. But no reason can be an excuse. Better stay aside for a while.


Anonymous said...

All my wishes for your father.

Sparrow FX.

The forexbird said...

Thank you, Sparrow.

Rahul said...

In my view these are the type of situations where we can predict things far easier, but still it becomes incredibly tough to do it on regular basis. I will never go on blind predictions, as that will not work out for anyone. At the moment, I am trading with OctaFX broker and thanks to their incredible facilities, I am able to trade well given the low spread of 0.2 pips plus extremely fast execution speed, it gives me great profits consistently.