This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Thursday, August 19, 2010
Stick to your principles. Dont worry if you miss a trade just becasue you follow your trading rules and procedures. Always protect principal and capital. Dont take too many trades. Dont take unnecessary trades if you are not 100% confidence and sure. Dont gamble take intelligent risk. Your allegiance is not to the company or stock. Foolow your trading strategy. 99%/$1 trade. Allowing for 1% something may go wrong. $1 a trade is my objective. I wait my chance.
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