Friday, July 31, 2009

Discovery of my own trading personality

We have all read about the need to understand your own trading personality and what kind of trading style will suit you.


I notice that I tend to go for short term small gains that would close within a day or two and I have the tendency to sit glued to the computer just to wait for the indicators to show up. I do admit this isn't right as one of my motives of going into FX trading was to free up my time for family and health rather than sitting there waiting. However as I have just begun this journey of venturing into the FX world, it'll be a tough period of learning and psyching myself to face the challenges ahead.


As such I strongly believe that my personality and current habits would make me most suitable for Day Trading. I do hope that readers and fellow traders would give me your views and comments along the way. There is still much to learn from you people.

As the market closes for the weekend, I do hope that all traders have a good rest before coming back to the battlefield.

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