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Unnecessary (early) close on the first trade and immediate re-entry.
Wednesday, February 10, 2010
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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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1 comment:
This is sometimes a major issue that suddenly we feel the need to close out and then moments later, we feel it is better to have a go again, but we need to be patient and always consider all points before making any decision. I am using swap free account with OctaFX broker and that allows me to relaxed dealing with things and more importantly, I can take time for making decision which is ruled out when there is pressure of paying swap.
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