Wednesday, May 18, 2011
Attempting a break out
Subscribe to:
Post Comments (Atom)
"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.
Popular Posts
-
++9_10_2012.png)
I am not God, I am not a crook : I will never pretend I can catch any given move from the beginning to its end. Never believe a guy who sa... -
A warm hello to you all! I am on the mountains with family to avoid the awful heat of this bloody summer. After some comments on the prev... -
On the last trade, I moved the SL at +2 (from -10), as soon as I felt a little double top could happen there. I could lose the probable mo... -
A far from perfect day, although profitable. The reason : risk taken twice. I still have a difficulty to close trades opened at breakout poi... -
Finally I did it : I traded yesterday, for the first time, the euro fx future (6E) instead of the eur/usd cash market. What a difference! A ...
tracker
1 comment:
It’s a huge opportunity when this happens as break out are great because if we place it correctly we can make huge pips while even the risk is lowered as we can place SL just above the breakout level. I am very lucky to have quality broker like OctaFX, they have excellent service where all my trading orders are executed instantly while they never manipulate in anyway so I can use SL without fear of been hit with spikes or desk dealing.
Post a Comment