XJO 0.81% 7,971.6 s&p/asx 200

waffle on trading rules n suggestions, page-3

  1. 2,810 Posts.
    Winks,

    Funny to post at the same time with opposite thoughts.

    Your talent for writing is only matched by your ability to trade.

    This is a tuff game we are playing.

    I totally agree with all your rules and have bookmarked the post.

    One I would add is

    DON'T PUT A TRADE ON A LIKE INSTRUMENT SIMPLY BECAUSE IT IS LIKE!

    I have in the past had a trade on and decided to jump on it's friend.
    Sometimes it works but generally it has a different noise. It was not what
    my real trade was about. It's being cheeky and doubles my risk with unknown
    rewards. An example is shorting the AUDUSD and then jumping on short AUDJPY.

    Positive note

    Trust your trade and set stops and targets. Move on to investigating the next
    trade and treat it as a separate trade.

    Again, thanks winks for your waffles. They and the rest of your posts have been a big
    part of my t/a education. We use different indicators but see the same price.
 
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