Monday, January 24, 2011
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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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4 comments:
do you use market orders or limit orders?
limit orders ALWAYS.
thanks, I need to start using them because I often get slipped or I enter after the initial burst...
We need to be very careful in start of the week, as that is often the time when the risk factor is too high, so we need to be very careful with how we work out. I do it all very much with planning and it’s easier with broker like OctaFX which is truly special. They have epic offering from low spreads at 0.1 pips for all major pairs while they also provide huge cash back up to 50% and is use able too, so all works nicely for me and enables me to perform well!
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