Tuesday, February 15, 2011

Plans of mice and Men……..

Last week has been one helluva week. This week showed me how best laid plans of mice and men can go awry. All my usual gambits of forex trading that work in  normal times  failed miserably, and red ink splattered over my trading balance sheet.
One learning has been : avoid those fast and cutthroat moves of pairs. They lead to sorrow.
The slow, involved and very boring moves are where the money is.
Fast furious and exciting lands with losses
Slow tedious and boring lands with profits