Monthly Archives: June 2011

Trading plans don’t work forever.

One of the biggest challenges traders face is not letting emotions affect their decisions. It is very important (and often times difficult) to remain objective when reading price action. In my case, having well defined entry and exit rules help me stay the course. Continue reading

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Three for Four Trades

Three trades triggered this week from oversold conditions at prices where there was previous demand. Continue reading

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Mean reversion trades

I have been patiently waiting for some mean reversion trades as I missed getting short earlier. These kinds of trades relay on oversold conditions and where the ideal entry is at a price level where there was some prior history of demand. Continue reading

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Get used to stops taking you out

One of the few tools a trader has to control risk is the stop loss. Continue reading

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