Ezakimak's Trading Blog
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Was Kreslik playing up a bit last night? When I made that last post, the forum posted it three times!
Anyway, after price getting within a couple of pips of my stop loss, then swinging back and getting within a couple of pips of my target, it then swung again and took out my stop loss.
So yes, I think I overtraded last night. Get your daily goal then walk away.
Anyway, after price getting within a couple of pips of my stop loss, then swinging back and getting within a couple of pips of my target, it then swung again and took out my stop loss.
So yes, I think I overtraded last night. Get your daily goal then walk away.
My blog: www.ezakimak.posterous.com
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Trades are still going, but the stops on both are being threatened. I'm thinking that in future I might avoid trading channels that are going sideways and just go for the ones that are pointing nice and clearly up or down. In the end it is all about increasing the possibility of success. Trading with a rising or falling trend is more likely to succeed than something boxing across.
My blog: www.ezakimak.posterous.com
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