Disclaimer: This is a legal notice. Please read it carefully in its entirety. It is your responsibility to understand this notice. If you do not understand it, please seek the assistance of a competent advisor.The content in Trend Follower is for educational purpose only. This is not a recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. My opinion is subject to change without notice. Trend Follower will not accept any responsibility or be liable for any investment decisions based on the information discussed here.

Friday, June 10, 2011

Short Eur - USD 5


This is the problem in catching tops and bottoms, as if you know where the market is headed. You are waiting for a pull back that never came and be left behind. Could have been a cool  30% profit.

Just trade and let the market tell you if ypu are right or wrong, if wrong, you do not have  profit. simply sell, if you have profit, just ride the trend. Lesson learned.

No comments: