Thursday, November 17, 2011

That heady feeling leading to total disaster

Rule 1. Trade small. Manage risk properly. When the risk increases, the faculties of the mind to assess greed and fear go down

US closing
GBP 1.5761
EUR 1.3464
AUD 0.9985
NZD 0.7578
CAD 1.0278
JPY 76.96
S&P 1210.08

Trade with the flow mate. Trend is your only friend.