Monday, June 1, 2009

Chasing a bad idea

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Monday, June 1, 2009 Forex Technical Analysis 1:19 PM
Chasing a bad idea: This happens all the time. You see a potential trade and then decide to wait till the next day to see if it sets up. By the time you see that it did exactly what you thought, it may be too late. Review your reasoning for the trade, make sure your initial reason is still there and if not, forget about the trade. There will always be trading opportunities, so be patient and strike.

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