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Re: Briboy post# 521

Friday, 02/11/2011 11:37:11 AM

Friday, February 11, 2011 11:37:11 AM

Post# of 36859
I will stay with AMR. It's just that it doesn't move that much. I mean it moves, but most stocks seems like they move in big spurts, then they go flat line for like forever.

I love trading forex because it MOVES. Hey, I'm a shark, am attracted to movement.

I made 10% on my small account this week. Not a lot of money, but it's a small account. I think ANY trader would love 10% in a week. Think about it...

Actually last night was my best trading so far. It was not my night and I lost money. I lost $10.00!!!

Now that is cutting your losses short!


From the book: WHY YOU LOSE AT TRADING by TheRumpledOne

IF YOU GET ON THE WRONG TRAIN, HEADING IN THE
OPPOSITE DIRECTION THAT YOU WANT TO GO, WHEN DO
YOU GET OFF THAT TRAIN?

DO YOU GET OFF ON THE FIRST
STOP OR DO YOU WAIT UNTIL THE TRAIN REACHES ITS
FINAL DESTINATION?



You hate to lose, don’t you? If that is really the case, then
it’s better to lose a little than a lot. Please make a note of
that.

No one bats a thousand. No one completes all of their
passes. No one wins all of their matches. No one! So why
do you think you should win all of your trades?

Calculate your stop loss and stick to it. NO EXCEPTIONS!
NONE! EVER! UNDER NO CIRCUMSTANCES ARE YOU TO
FAIL TO EXECUTE YOUR STOP LOSS. Is that clear?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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