DislikedWhen you're down, you're down. when you're up, you're up. When you're margin-called you're out. All we can do is manage our risk carefully and be intelligent enough to realise that no two days are traded alike. Laws of probability mean that you should be right at least 80% of the time and wrong often enough to make a good decision after patiently watching the market's behaviour. Generally speaking: - 1. No trade before making a mug coffee. 2. No trade up to 15 mins before London open and behind 0830 GMT, no more new positions. 3. Once markets are...Ignored
Please Mr Rhodie my coffee machine - aka wife - doesn't operate until mid Frankies Hour.......what should I do if I want to take an early trade?
PS another great post
Trading Levels with WRBs