Blog Flux LinkLog: Outgoing Link Logging and Tracking for DAYTRADING FDAX FUTURE DAYTRADING FDAX FUTURE DOW JONES BLOG

Wednesday, January 25, 2006

PATIENCE AND GREED

There were not any trade setups in the BUND today, so I have to wait for chances later on the day. Patience is crucial for a trader; you have to wait untill your setups occur. Many novice traders make the mistake to overtrade. They want the thrill and become too impatience and greedy. No trades , no money, but also no money loss.

The DOW JONES moving in premarket hours 20 points above the yesterday's close.
Some charts:

The S@P 500 and the NASDAQ finding for the moment support at the daily 50SMA but can they stay there?





0 Comments:

Post a Comment

<< Home