Tuesday, 23 June 2009

What am I?

Am I a intraday trader looking to make impulse trades based upon what I perceive as opportunities to make money on that day?
Or am I a longer trend follower?
I've made more money by looking to close trades after the available profit has become about 10% of my current profit.
I want to avoid making a lot of trades but perhaps that's the way I operate best.

BTW I was right about the FTSE - it dropped over 2% yesterday and I would have made a good profit. Unfortunately closing then reopening is a poor strategy the trade goes red too quickly and distorts my perception.

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