XJO 0.65% 7,912.2 s&p/asx 200

Jaolsa, Treggs, BV, Volt, Wink & others - thanks for the...

  1. 616 Posts.
    Jaolsa, Treggs, BV, Volt, Wink & others - thanks for the support, sorry to blurt it all out on HC. After my rant I went back to reading Larry Levin's "Emotion Free Trading" last night and it help a lot.

    Going to 'paper trade' for the next couple of weeks and, as you say, re-evaluate my strategies. They were working for a while, but implusiveness (bad!!), not looking at multiple timeframes and not adequately considering major economic news undid me.

    Boys & girls - I strongly recommend that you if you don't already, keep a site like fxstreet.com or similar open and check when the major news comes out. They compare it against expectations. Once the market works out the significance of the news (i.e. through short-term volatile movements in fx, indices, etc), a trend will emerge.

    Cheers.
 
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