I continue my post about The 25 Point Discipline For Day Trader. And below is the 15th and 16th point.
#15 LOVE TO LOSE MONEY.
This rule is the one that I get the most questions and feedback on by traders from all over the world. Traders ask, "What do you mean, love to lose money. Are you crazy?"
No, I'm not crazy. What I mean is to accept the fact that you are going to have losing trades throughout the trading session. Get out of your losers quickly. Love to get out of your losers quickly. It will save you a lot of trading capital and will make you a much better trader.
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Friday, July 30, 2010
Today's Forex Prediction - July 30, 2010
| PAIR | TODAY'S PREDICTION | |
| MAX | MIN | |
| EUR/USD | 1.3120 | 1.2992 |
See : How To Applying My Prediction
Yesterday Prediction Rate : ACCURATE (Average Error < 50pips)
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