Thursday, September 6, 2007

New Strategy Yields New Results

Since the currency market was soundly trouncing me I've adjusted my trading. One thing I have done is move to a slower chart. I'm now trading on the 1hr charts instead of using anything smaller. Another thing I've done is spread my risk across different instruments.

With this, I've found I'm more able to judge movement potential. I'm also able to be more patient when I have some items on the rise and some items going down. Since the market often moves back and forth, over time, a large percentage of my positions are becoming cashable.

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