- Joined Jul 2016 | Status: Member | 2,534 Posts
- Joined Dec 2019 | Status: Member | 1,317 Posts | Online Now
Emotional Control. Process, not outcome.
Day Trading vs. Swing Trading vs. Position Trading 86 replies
ps. now that I'm out - it's probably the ideal time to get in. Not investment advice.
DislikedAs promised I am notifying you that I'm out of the USDTRY trade as swap fees are now nearly 1/2 of my total profits. It's such a flat market that it's actually better as a carry trade but I could never recommend trying that with TRY. What have I learned? It's more important to be early than to be right. Once you've booked a good profit, bank it before a calm market takes half of it away. Trading exotics is a game for the very very rich and patient. ps. now that I'm out - it's probably the ideal time to get in. Not investment advice. ...Ignored
DislikedI'm working with a very skilled coder to build an EA (@kefada here on Forex Factory) but they are in Kenya and I'm having a devil of a time sending money to him. PayPal takes too long to process, Wise doesn't work with my bank in Canada, and Western Union basically took the money and are holding it hostage, without much explanation. If anyone has done something clever to pay contractors overseas I'd love to hear about it.Ignored