Monday, January 4, 2010
Risky start
The third trade had unnecessary risk. The conviction that the bias up is strong, can be disastrous..
Labels:
forex,
trade analysis
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A blog about scalping, or sparrow's daily bread
3 comments:
Happy New Year! The 3rd long was a little late to the game. But both indicators agreed. Did you feel hesitating before entering this long? Good luck with 2010. -Kevin
I hesitate on exits, not entries! lol.. I should exit on the second red bar after entry... very clear sign, ignored.. Good luck to you too.
Things might be risky for starters, but if we have ability and determination then we can quickly turn it around, but if we’re not having proper strategy then things will not change. I always create through good money management and it really helps me working through OctaFX broker’s epic bonus which is up to 50% and really kills any sort of risk that really makes me comfortable with things I am able to achieve positive results all the situation to be secure.
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