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Lesson Today: Never Trade on Bank Holiday January 17, 2012

Posted by Musa in : Diari , trackback

All of my trade yesterday was get loss. It is reasonable just because yesterday in US the bank was in holiday. Indeed the break was made up, and market seems going to goes up and I enter long position. But the price has not enough power to goes up. And it back down then goes to sideways. Not usual, unlike the chart pattern rules.

Oke, now it better to continue the battle without restart or rest it. Usually when I get bad report, I just restart it again and again. But, where is the learning point? When every time I faced a failed, not try to learn but just assume as if it was not happen. Just back to the principle: how long this strategy will survive?

So, although yesterday I got a double loss, but I have a good money management. It just loss 30%, still 70% remaining. I will got with it!


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