Monday, October 25, 2010

Never Hold Onto Hope When Trading...

Last night's trading session proved to be a frustrating one. Just 20mins after the opening bell, I took a LONG (at 1189.75). Truth be done, I was rather hesitant in taking the LONG as it was just too closed to the news (housing sales) to be released at 10pm. But as the trade grew profitable by 1.75pts, I was quietly confident that the news, whether positive or negative, PRICE would just burst

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