News Focus
News Focus
Replies to #30339 on lowtrade
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lowtrade

04/06/12 12:17 AM

#30340 RE: ocipio #30339

Yes news trumps all !!! It causes emotion! Buy logic creates successful traders!

Just remember to have an acceptable loss, with every gain wanted and trade the plan. All chart patterns don't hit target and some chart patterns do fail. Only adjust the plan to preserve capital gains. If it hits target sell and if it fails when acceptable loss is hit, sell.

Learn to sell! Know what your going to gain or lose before you buy. Don't leave your trading business up to greed and chance.

This is easy. It's all in the numbers, use them to your advantage.