Monday, June 22, 2009

Trading Tip of the Day

Not Trading is a viable Trading Strategy

You don't have to trade all the time to be a trader. Take it from someone who has overtraded in the past. Being flat is OK , not trading is OK - there is no minimum number of trades you have to make to be a trader and to use a poker analogy - "You can't lose what you don't put in the middle (of the pot)"

Save your trades for when you feel you have a "real" edge, not just when you need action... that's gambling, not trading.

1 comment:

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