DislikedSorry guys for my hick ups, but are we remembering the most important 10 trading rules?
Do you remember that staying out of the market is one the "best strategies"? I see lots of people chasing 10 pips up, 10 pips down and etc.. That's not right.
Don't you really believe that spending more time on reading and analysis will serve you better on the long run? Enter a trade, when you are almost 100% sure it will hit its target; its' never that you think it will; believe me in such cases it will probably not.
I like that guy (about 20 posts earlier) that commented "i TP'd today & out, gnight all". He's damn right. He studied the market well, knew the cable was going to fire up, entered probably with a lot or two knowing exactly that his 10 pip SL will not be hit, and went out for some beer. Let me tell you that he'd have lost those few greenbucks if he stayed in the market till now chasing the floating pennies around.
Talking for myself, i took 1 lot at 1.9645, 50% split at 1.9550, then 50% split again at 1.9560 and holing the remaining 0.25 till now.. Guess what? i don't care if it loses..
Anyway, i am again sorry for these hickups, i just felt the need to write a little maybe some folks will be advised to study and learn more and act only when more sure of what is going on.
PS> Anyone trying to think selling some of the crazy pair GBP/JPY? Ain't cable going up and the Yen down? Study it, say thanks when you make the greenbucks ..
Good luck all and happy trading ..Ignored
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