View Single Post
  #68 (permalink)  
Old 07-24-2008, 10:50 AM
coastalfx coastalfx is offline
Junior Member
 

Join Date: Jan 2007
Posts: 87
Send a message via AIM to coastalfx Send a message via Yahoo to coastalfx
Default Patience is a virtue

My trades are most often 8 am to 12 pm noon.

There are no new trades or adjustments today. It's times like this
that separate winning traders from losing traders. It would be easy
to get impatient and to force a trade. However, the charts do not
show a viable trade right now. We are in one of the larger countertrends
that have been established since I we started trading. This is a good
thing since our trend has not reversed, at some point the market will
resume with it's trend and we will have room for larger gains.

Until then, we will continue to wait and watch patiently.

Have a good day,
Jackie
Reply With Quote