| The Nature of Trading |
| Tuesday, 13 April 2010 20:00 |
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Today was very unlucky; we had our 1st trade on the USD/JPY stopped out by an unscheduled news report from the Bank of Japan. Our 2nd trade the EUR/JPY we missed the entry by 1 point on the spread and the 3rd trade on the AUD/USD we missed the entry by a few points. The last two trades turned out to be very profitable but unfortunately we were not in them.
This is the nature of trading and it can be very frustrating. We have learned over the years that you can’t afford to get upset or change the way you trade. If you have the right state of mind and method you will do very well. There are hundreds more trades out there waiting for the trader with the Edge.
Regards,
Trading Edge |
