Tuesday, June 28, 2011
Tuesday-2
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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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2 comments:
Hi Forexbird,
Thanks for you posts, very interesting always.
I thought you had fixed stops...like 6 pips or somethin' but no?
Thomas
hi Thomas,
you are right, i have fixed stops ..unless a very strong bias is detected like the one yesterday. I know this is a violation of the rules and, in reality, is bad trading.. I try to eliminate such 'discretionary' applications of my method.. lol
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