Saturday, February 18, 2012

Just Breathe While You Trade - Part 1

I've watched a lot of guys through the years, and they hold their breath until they finally win The Big One, thinking then they can exhale and chill out. You have to breathe through life, man. Have fun.

Lee Haney won Mr Olympia (8times) in a row. I know close to nothing about body building but this quote is just so reminiscent of trading.

I have been putting into practice 2 valuable lessons this week. And they seem to have improved my trading a whole lot. By a whole lot, I mean leaps and bounds.

Monday, February 06, 2012

Keep on Singing Trying, Don't stop Trying.

Keep on singing Trying, Don't Stop Trying
You're gonna be a star trader some day....

Sung to the the tune of Helen Reddy's Keep on Singing. (Yes, I am that old).

I am always wary of trading on the Monday after Non-Farm Friday.

Wouldn't you know it, the first two trades were duds? But sometimes, you just gotta keep on trying.

Sunday, February 05, 2012

T'was the night before Non-Farm Payroll...

Twas the night before Non-Farm Payroll report,  when  all through forex land there wasn’t a sound,
Not a currency was stirring, not even the GBP.
All the traders were excited, their  anticipation growing,
All  orders consolidated, for this monthly announcement they had been preparing.

Deep in my thoughts, were of  the trades I had done.
Throughout this Non-Farm week, I  was tossed up and down.
I had experienced my account and my knees go weak,
Would I or would I not, on this night, find the profit I seek.