DISCLAIMER

Trading of financial instruments involves substantial risk, including complete possible loss of principal plus other losses and is not suitable for all members of the public. This blog discusses my experiences and my style of trading. This blog is for entertainment and educational purposes only. The trades discussed here are MY trades. You make your own trades and you and only you are responsible for your trades. Ideas and opinions discussed on this blog are not in any way recommendations to buy or sell securities or investment advise.

Sunday, July 14, 2013

FOREX WISDOM

  • Let your profits run, but cut your losses short. 
  • Don't double up a losing position
  • Don't let a winning position turn into a losing one.
  • Sit on your hands when you don't have a clue
  • No one ever went broke taking a profit
  • Don't marry a position.
  • It's never too low to sell or too high to buy
  • Don't Stand in Front of a Train
  • Buy the rumor, sell the fact
  • Plan your trade and trade your plan
  • The trend is your friend.
  • Bulls Make Money, Bears Make Money, but Pigs Get Slaughtered.


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