Trading Advice...
Over the years I've been trading currencies, I've been fortunate to come across some wise veteran traders who have imparted some good advice which I would like to pass on to any readers of this blog.
Here you go:
"We can not control the market. The market can not control us. But we can control ourselves."
Trade what you see, not what you think.
Maintain discipline - Never consider a random entry just because price appears to be doing something. There must be a valid reason every time you step up to the plate, otherwise you're exposing yourself to too much risk.
Never chase losses. Ever.
Plan the trade - trade the plan.
Log all trades.
Here you go:
"We can not control the market. The market can not control us. But we can control ourselves."
Trade what you see, not what you think.
Maintain discipline - Never consider a random entry just because price appears to be doing something. There must be a valid reason every time you step up to the plate, otherwise you're exposing yourself to too much risk.
Never chase losses. Ever.
Plan the trade - trade the plan.
Log all trades.
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