More Cheer In A Graveyard…

| Wednesday, 31 October 2012 8:52
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So there I was sitting in front of my laptop also known as the Etoro Sackman center trying to make a few benjamins but with not much going on. For those of you not familiar with the Sackman and Sack terms I suggest you ask AnnieToro or hang around my wall for a while. You’ll pick it up soon enough.

Anyway not much was moving in the markets so I’m just planning the next move when suddenly I realize that this happens from time to time. Virtually nothing to trade as there is almost no movement. The pairs and commodities I like to trade was not at the right stages to buy or sell except for a few Kiwi trades which I managed to scalp. Up until this Tuesday afternoon there was very little news so it was to be expected. The next day however was stacked like a domino run.

A further realization was one of the most important tools you will ever have in your forex arsenal. Patience is virtue. Never ever forget it.

I feel responsible for my copiers and bringing them good profit but I would also like to let them know that I don’t like losing money and therefore won’t open trades just for the sake of opening trades. If I’m not sure of a trade I’m looking at or the charts is unclear then I won’t risk it. Careful planning is the way to go. Not gambling.

I also realize that some copiers expect quick results from you as a guru but in the same sense they also expect profit. Most of the times I can give both but like recently when we worked the graveyard shift I had to play a waiting game first and therefore only had a few scalped trades to show as profit.

Thank you to everyone out there that follows or copy me. I like it when you guys hang around on my wall.

And one last thing. The markets might be a bit of this and a bit of that at the moment but I have a few huge trade ideas in the pipeline. Watch the space. Jump on the rollercoaster if your interested.

Peckerton’s Profile Page

| Wednesday, 31 October 2012 8:52
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this post has been viewed 17 times

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online forex trading

such a nice offer from etoro.i think i will join with them within a short time....:).