Monday, September 13, 2010

Tired trader = late entries

End of my session today. A premature exit to preserve the gains of the day, followed by a late entry where I could lose everything.

1 comment:

Meshar said...

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.