tradersbud.blogspot.com
TRADERS FRIEND: THE CATCH AND RELEASE TRADING PROFESSIONAL
http://tradersbud.blogspot.com/2013/03/the-catch-and-release-trading.html
THE CATCH AND RELEASE TRADING PROFESSIONAL. In forex traders get into trouble because they have the wrong mentality. They trade the "cling and hold method" and it gets them killed in the market. Trading is a "Catch and Release" game. Only hold a trade as long as it benefits you, if you catch the wrong trade, kill it like a rattle snake and start over. Most traders hold to bad trades for dear life. In spite of the danger. The market will either feed you or feed off of you. Letting go of bad trades gives y...
tradersbud.blogspot.com
TRADERS FRIEND: YOU ARE WINNING AND THEY ARE STILL MESSING WITH YOUR HEAD!
http://tradersbud.blogspot.com/2012/12/you-are-winning-and-they-are-still.html
YOU ARE WINNING AND THEY ARE STILL MESSING WITH YOUR HEAD! Trading is a psychological warfare that even when you are winning, they are still messing with your head (manipulating your mind). There are times like doji days when the market is so frustrating that you feel like your head is going to explode. When you crawl away, your emotions are so frayed and you are so battle scarred that you don't know what to do with all of that bottled up frustration and anger. Visiting a friend, going to the movies, etc...
tradersbud.blogspot.com
TRADERS FRIEND: MONEY IN YOUR POCKET IS BETTER
http://tradersbud.blogspot.com/2012/07/money-in-your-pocket-is-better.html
MONEY IN YOUR POCKET IS BETTER. If You play, only play to win. ALL OF YOUR MONEY IS VALUABLE, THEREFORE YOU CANNOT AFFORD TO LOSE IT. THE ONLY WAY TO THRIVE IN THE GOOD TIMES IS TO PROTECT YOUR WEALTH DURING THE SCARCE TIMES. PROTECT YOUR WEALTH FIRST, WHEN THE MARKET IS CRAZY ZIP YOUR POCKET AND SIT IT OUT. SOMETIMES THERE IS NO TRADE! 1 PROTECT YOUR WEALTH. You can only build on what You have preserved). YOU CAN DO THIS ! Labels: MONEY IN YOUR POCKET IS BETTER. August 2, 2012 at 4:56 AM. Nice post....
tradersbud.blogspot.com
TRADERS FRIEND: WHEN THE MARKET IS CRAPPY PRESERVE YOUR CAPITAL !
http://tradersbud.blogspot.com/2012/06/when-market-is-crappy-preserve-your.html
WHEN THE MARKET IS CRAPPY PRESERVE YOUR CAPITAL! There are times that no matter how good Your strategy or how hard You try, the market just will not cooperate with Your plans to get paper. What You do in those times is more important to Your success than what You do in a good flowing market! THERE ARE TIMES WHEN THE MARKET IS JUST CRAPPY! So PROTECT YOUR WEALTH. On days like this, it is most important not to let the market take You out of the game! 1 First job of every trader: PRESERVE WEALTH! Trader's F...
tradersbud.blogspot.com
TRADERS FRIEND: WHO'S TRICKING YOU????
http://tradersbud.blogspot.com/2012/06/whos-tricking-you.html
We say that the market is tricky, but who is really tricking us? Many times the market will set a trap for us, but we will refuse to free ourselves because we began the dialog in our heads that really trick us. We tell ourselves that we are 'not going to fall for that one again', 'it will come back', it will follow a bigger trend', etc. Always listen to the market and allow it to lead You to financial freedom.You are Worthy of the Wealth that the forex market provides. YOU CAN DO THIS ! 4 KINDS OF MARKETS.
tradersbud.blogspot.com
TRADERS FRIEND: BANK FRIEND OR FOE?
http://tradersbud.blogspot.com/2013/01/bank-friend-or-foe.html
BANK FRIEND OR FOE? We are always talking about banks and their calculated careful manipulation of the market, but is the bank really da looming boogie man? Yes, it is very true that the banks manipulate the markets making billions off of traders in the process, but it is equally true that the opportunity to make huge windfalls in the market would not exist without the liquidity that the banks provide. They have more power than most of us to make things happen that put the odds heavily on their side.
tradersbud.blogspot.com
TRADERS FRIEND: A LOSS EXPLAINED
http://tradersbud.blogspot.com/2013/01/a-loss-explained.html
When you enter a bad trade, the longer you stay trapped (hold on to the bad trade), the more of the bank's money you buy or sell at ridiculous prices. Example.If they trick you into a sell position in a bullish market, the longer you hold that bad sell the more of their money you buy at more expensive prices, losing more of your money in the process. Or if you are tricked into a buy in a bearish market, the longer you hold that bad buy the more of your money you sell at cheaper prices, and your money.
