Wednesday, July 13, 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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8 comments:
wow....your daily bread in ten minutes! I'm curious, what time of day are you trading (local) and what time would that be e.s.t.?
Forexbird, in the past you've mentioned using setups. Do you trade strictly by the setups only, or do you use the setups as guidelines and adapt your entries/exits to market conditions?
sorry for the late answers guys but i am on vacation right now with no internet connection!
Salamander,
my time for trading is 1700-1800 local, 10pm EST. Sometimes the London opening too.
Soma,
Some of the setups on this label are obsolete now, still there to show the evolution. I try to use the setups i have in mind now, and stick with them.
correction : 10am.
Buying low and selling high or selling high and buying low is the base of making money in Forex.
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