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The forexbird

A blog about scalping, or sparrow's daily bread

Tuesday, July 12, 2011

Late entry - early exit

at 23:09
Labels: forex, trade analysis

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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.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato


"Toute lucidité est la conscience d'une perte". E. Cioran

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There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.

Blog Archive

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      • The importance of the trailing stop
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      • A typical day
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      • Before the storm
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      • Post-NFP
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  • ▼  2011 (145)
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      • Upozenie
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      • A better entry
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      • Going with a pace
      • Late entry - early exit
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      • You must be fast
      • Strong bias = dangerous trap
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Popular Posts

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Risk Disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.

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