Monday, September 12, 2011

Euro $

A difficult day where the market was bogged down in a range. I made 11 points on the first trade and 20 points on the last trade which I have just closed.
Friday was a bad day to take off to watch rugby as there the trades followed through.
The best trades just go. They dont mess about. If I hang on to the trades that dont gallop then on many occasions I am personally guilty of "hoping and praying"
Getting out or reducing the position size of trades that dont perform is a big part of being consistent and it takes "behaviour modification" as the Phantom of the Pits would say.
At 409 GMT all can get out, if you wish ,at better levels than I did.
Have a great evening.
One week into this experiment and up 131 points.

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