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Old 08-03-2008, 08:17 PM
tacamonchi tacamonchi is offline
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Join Date: Jun 2008
Posts: 66
tacamonchi is an unknown quantity at this point
Vince's simple but effective rules of trading success

"I keep the trading somewhat secret aswell, my gf doesn't know so there is no stress on me there, meaning, not wanting to know if I have made money or lost money that day. " Quote from Vince

I believe that this absence from stress from significant others is your biggest secret. Since I have a wife, I do not enjoy your advantage but I am happy that I am on the right track in the use of fundamentals as a primary indicator, and the use of news reports as additional factors. What time frame do you use with your RSI, because I usually use one hour and sometimes the dailies? I also use on 5-6% margin which allows me to keep floating losses until the price comes back to my favor, which it always does, as long as I follow the long-term trend. And that is why I rarely use S/Ls, except when i enter a position that is against the trend. Thanks again for sharing your secrets.
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