Monday, September 27, 2010

Only true losers call it quits

It is comforting to know that if you lose money in trading, it is just the cost of playing the game. However if you call it quits and go into other business, chances are, you'll fail again. The simex pits may have closed and pit scalpers had lost their edge, but the game is still the same as in computers or pits. It is those that who can't adapt and stubbornly stick to old scalping methods that fail. Worst is those who can't make it, tried teaching others to trade. Remember the old adapt: those who can, does, those who can't, teach.

EUR/USD
short 1.3463   closed 1.356
+7pips


Taiwan msci
sold 290.1   bot 290.5
lost -4 ticks

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