Wednesday, December 1, 2010

back in the saddle

This game is about persistence. I just shorted a mini near 1204 close to the top of the range, with a hard stop at 1207.25, which was the high. This is a strategy. Simply buying or selling and waiting for it to work out isn't a strategy. I say that over and over to myself and hopefully its sinking in.

I also got back into the EUR at a higher place to short, and I got ahead enough to put a stop on entry, so I can't lose on the trade.

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