I guess in reality, I wasn't really "in doubt". I simply didn't place my orders in the right places to get filled the way I should have. So I didn't get in to the trade.
But I thought that that should also be one of my rules - "When in doubt, stay out." If you cannot see a clear-cut trade, don't jump in hoping for a win. Now, this may not apply to new traders. In fact, it absolutely doesn't apply there. But, if you have learned the strategies, and you are playing with real money - and you are unsure of either the market or yourself, you should simply stay out.
I hope that helps. I've gotta run.
K
No comments:
Post a Comment