Follow the Rules

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Den
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Posts: 75
Joined: 06 Dec 2011, 08:40
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Follow the Rules

Unread post by Den »

Here is yesterdays trade. I dont know what made me do it but I ignored the rules and did not place a pending order. I was only going for 5 pips. I was lucky and have learned from it. I got emotional and closed the trade manually. A few weeks ago I made an impulse trade, for the life of me I dont know why I did. Comments welcome
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Consolidation periods are quicksand for suckers.
Topher
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Joined: 22 Dec 2011, 21:11
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Re: Follow the Rules

Unread post by Topher »

Dennis

There must be something in the water at present because I am finding myself doing the same thing.
Is it complacency, boredom or something else? Who knows but at least you have acknowledged the fact that you took it and posted the trade on here.
I have limited my trading hours this week to try and keep myself keen and to stop looking for trades that aren't there.


Good luck

Richard
The forex market will pay you well for discipline.
Den
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Posts: 75
Joined: 06 Dec 2011, 08:40
13

Re: Follow the Rules

Unread post by Den »

Thanks Richard,

Yes complacency and I think a bit of cockiness on my part, need to wind my neck in, mind you had an emotional week that could be part or the problem.
Consolidation periods are quicksand for suckers.
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