Gaining an Edge over the Forex game of Mind, Money, & Wealth
Friday, September 16, 2005
van Gecko 16:02 GMT September 16, 2005
HK kevin 14:43.. good trades to you.. hk ab 14:47.. neither..
gl
hk ab 14:47 GMT September 16, 2005
Gecko, which one would you prefer more?
HK kevin 14:43 GMT September 16, 2005
van Gecko 14:40 GMT, welcome on board, master.
van Gecko 14:40 GMT September 16, 2005
Gold ~~ Euro ~~ an accident waiting to happen.. for one or both of them..
shanghai bc 14:14 GMT September 16, 2005
Good evening..I believe 1.2200 is a good level to start buying but that rumour is obviuosly unfounded..Good trades..
Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
HK kevin 14:43.. good trades to you.. hk ab 14:47.. neither..
gl
hk ab 14:47 GMT September 16, 2005
Gecko, which one would you prefer more?
HK kevin 14:43 GMT September 16, 2005
van Gecko 14:40 GMT, welcome on board, master.
van Gecko 14:40 GMT September 16, 2005
Gold ~~ Euro ~~ an accident waiting to happen.. for one or both of them..
shanghai bc 14:14 GMT September 16, 2005
Good evening..I believe 1.2200 is a good level to start buying but that rumour is obviuosly unfounded..Good trades..
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Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
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