Sunday, July 20, 2014

Reason Not To Be Greedy


The experienced and successful traders will say "Trading is a Journey". It takes a lot of experience to understand the ebbs and flows of the market. Sometimes it takes also a talent to be able to get that flow quickly. Well just wanna journal this down, that do not be over greedy. Markets can take out your stoplosses easily especially in forex. If wanna earn big, long term trades have to think like the institutional traders, they position and accumulate and have very wide stoplosses. Take profit when your strategy position is hit. Also trust your gut feeling and take profit when possible if you see a turn. Tuning my indices trading.

Message to myself: Small profits will accumulate and add on.

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