Saturday 31 May 2014

WORKING ON TREND

It now seems to me to better  work on Trends to focus on a overview rather than short term targets.
All these three months work I have seen two uptrends and one downtrend. Having watched closely the movements of crude, I have understood, it is not the price which matters at first place,it is the people who move the price. For the past two weeks I have been following them, how they exit, how they earn profits.

It is our mindset and the way we are trained to take the trade governs our profit or loss.
Already written about money management,how a loosing trade can be turned to profit and how a winning
trade can be lost without enough equity.

Work on trends with enough equity.

Happy week end,

Annadurai


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