Monday, September 13, 2010
Tired trader = late entries
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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:
If we see the potential then even late entries can be beneficial, but if we’re entering just out of greed or been impatient then it’s a massive mistake and can be seriously costly. I always prefer to enter when I am sure about the movement; it’s obviously to do with the risk factor which is too much. I do get support from OctaFX broker through their daily market analysis service; it’s nice and straight forward, so helps a lot for me to work without trouble.
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