Kitty Eliffe
Private
- Messages
- 10
Hi Mystikal
I wasn't aware of this thread until FPA sent out their recent mail shot.
I've just spent a couple of hours reading and understanding what you have posted.
Its been a very interesting and enjoyable couple of hours - clear and entertaining. You should write a book. I particularly like the Dr Van Tharp quote.
I'd be the first to admit that I've been guilty of this in the past and I think its possibly one of the first lessons newbies should learn* - what goes up must come down might be true for gravity but not necessarly for Forex.
* apart from my Forex golden rule LEARN WHEN NOT TO TRADE BEFORE YOU LEARN TO TRADE
"better to be out of trade wishing you were in than in a trade wishing you were out".
I'm going to spend the rest of day back testing 60% and 30% retracement positions on my charts - hopefully I can nick a few pips later.
The Forex jigsaw has a few more pieces in place.
Thanks and regards.
I wasn't aware of this thread until FPA sent out their recent mail shot.
I've just spent a couple of hours reading and understanding what you have posted.
Its been a very interesting and enjoyable couple of hours - clear and entertaining. You should write a book. I particularly like the Dr Van Tharp quote.
I'd be the first to admit that I've been guilty of this in the past and I think its possibly one of the first lessons newbies should learn* - what goes up must come down might be true for gravity but not necessarly for Forex.
* apart from my Forex golden rule LEARN WHEN NOT TO TRADE BEFORE YOU LEARN TO TRADE
"better to be out of trade wishing you were in than in a trade wishing you were out".
I'm going to spend the rest of day back testing 60% and 30% retracement positions on my charts - hopefully I can nick a few pips later.
The Forex jigsaw has a few more pieces in place.
Thanks and regards.