A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Monday, 18 April 2011
What to do if there is a losing position on ?
If you have a losing position, get out of it. You will be able to see more clearly and without emotion while you don’t have the position still going against you. By doing so, you won’t waste valuable mental energy on a losing position. You will cut the opportunity cost by getting out of the loser and finding another trade. Most importantly, you will conserve your capital.
" Trends "
Trends persist, and those with historic highs can go on for a long time and have several parabolic spikes during the moves.
Sunday, 17 April 2011
John Henry on Trends.
" Trends always go further than rational people expect, or even imagine.
In a very uncertain world, perhaps nothing makes more sense than simply following trends."
In a very uncertain world, perhaps nothing makes more sense than simply following trends."
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