Tuesday, May 25, 2010

Happy day

I hope everyone is having a happy day today after this very successfull trade , i hope that ppl didnt take there profits early on the first target , cause in this markets u should never say i m sure but it was one of the times i felt sooo much like saying i m sure and i did say it :) , i was sure that the CAD/JPY going to new lows ,, in this markets in order to survive u need to win more than u lose ,, so when u close ur position early and waste up the earning of more pips and when u leave ur Stop loss for trades as wide as 100 pips ,, then u need to capitalize on winning trades and grap as much as u can from the market so that u can lose a small part of it in unsuccessfull trades with tight Stop loss and orgnized setup
i understand that some people might have booked the profits on 83 , but they will regret it much at the end of today when they see it dropping like hundreds of pips more ,, so my final advise for ppl following me ,,, STICK TO MY PLANS , i m sure u ll feel better even if u sometimes lose but u ll feel more satisfied as u ll have captured the hole move down on half position

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