Friday, June 4, 2010

Learn fast, make bucks.

Yesterday...entered 4 trades of different pairs. Hoping to strike it all but only ended up with 2 full PT, one small win and one break even. One lesson learned from the trades 2 days ago is to wait for the second candle to confirm the direction. Four concurrent trades is too much for me to stomach, have to constantly monitor the price movement. The ideal is two open trades at a time. And one can only be entered after the first trade is headed in the right direction. Closed two of the trade early as I need to go for a badminton game with friends while leaving the other two to run. However my mind were still occupied while playing badminton, have to check the price in between games. Luckily both trades hit full PT just before my game ended.

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