Wednesday, May 18, 2011
Second attempt
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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:
Forexbird might if you share with us what is your TF you re trading on? Also why don't you prefer to use japanese candlesticks on your charts?
I use range 3 on ninjatrader cause i see better with this the sup and res points whithin the price move.
It feels so good when we get smooth trades in between the tough situation, but at the same time, it’s vital not to expect similar scenario all the time. This is where newbies struggle where they try to manufacture something that’s not there and it causes huge losses. I always keep myself into the situation and follow that and that’s easy with quality broker like OctaFX. They have excellent daily market updates feature while their low spreads, high leverages, zero balance protection and such things complete the picture!
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