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Jumat, 08 Oktober 2010

Post-NFP

One loss while in the range and then the big shot, on the move down . Followed by two additional moves. The entry on the third was terribly late and as a result the trade became vulnerable and  was saved in extremis from a big loss, as the violent correction came immediately after my exit.

Selasa, 05 Oktober 2010

Don't play with a strong trend

Four of these many trades were contra-trend. Three of them gave small but unnecessary losses. Anticipating a correction on a strong trend is the shortest way to perdition.