Monday, June 1, 2009
If the logic goes you go
If the logic goes you go: If the reason you entered the trade disappears then so does your reason to remain in the trade. If you think you’re at a low and it breaks through, get out. Then reevaluate and decide once more.
Have a maximum run: If you have 4 or 5 bad trades in a row, take a break. Something isn’t working. Go away and regroup. Don’t be afraid to take a break.
Study: Learn new ideas, keep up to date, and don’t trade other people’s ideas. You should always know why you are in the trade.
Have Fun: Enjoy what you do. Keep calm and stay as unemotional as possible – you will be more successful.
Have a maximum run: If you have 4 or 5 bad trades in a row, take a break. Something isn’t working. Go away and regroup. Don’t be afraid to take a break.
Study: Learn new ideas, keep up to date, and don’t trade other people’s ideas. You should always know why you are in the trade.
Have Fun: Enjoy what you do. Keep calm and stay as unemotional as possible – you will be more successful.
Subscribe to:
Post Comments (Atom)
Forex Basic Technical Indicators
· Market Facilitation Index (BW MFI)
· Accumulation / Distribution Indicator
· Moving Average of Oscillator (OsMA)
· Commodity Channel Index (CCI)
· Relative Strength Index (RSI)
· Average Directional Movement Index (ADX)
· Moving Average Convergence Divergence (MACD)
· Indicators. Trend Indicators.
· Triangle
· Trend Analysis. The Main Notions.
technorati
del.icio.us
digg
yahoo
google
reddit
blinklists
blogmarks
facebook
twitter 



0 comments: