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mercredi 19 janvier 2011
forex and 8 main recommendations
1. The trend is your friend.
2. In a bull market, buy the dips, in a bear market for sale,
Rebounds.
3. Let profits run, cut losses short. Always use
Loss limits and move them only to reduce the potential loss or
Protect newly achieved profits.
4. Prepare your action plan before entering the market is not impulsive.
5. Use a 3 to 1 reward / loss.
6. If you have a pyramid:
Every purchase successive layer should be smaller than its predecessor.
Add to gain positions only.
Never add a losing position.
Adjust protective stops the equilibrium point (or better).
7. Learn to be comfortable in the minority, if you are right about the market,
Most people will disagree with you.
8. Keep it simple, complicated is not always better.
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