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Modification in trading habits to start being profitable


Discussion in Psychology and Money Management

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  #21 (permalink)
MoonRocket
Sydney NSW Australia
 
Posts: 2 since Feb 2012
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Thanks Received: 1

I trade about 6 to 8 times in a six hour period.
The difference for me was to kill the trade as soon as it didn't look right, anywhere from 1 second to two minutes.
Once upon a time I would wait hours hoping for the trade to come good.
I now make a point of immediately forgetting the trade.
I do not work out the pips gained or lost until I've finished for the night.
"You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done"

I don't want my mind infected.

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Last Updated on February 15, 2012


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