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Monday, February 1, 2010

FOREX end-of-week Summary (25-29 Jan 10)

Extremely good result for last week, 6 out of 6 winning trades.  Trading along the trend and taking profit along the way and wait for price retracement before re-entering.  The only minus point here I felt was for the swap fees paid.  I find paying swap fees unnecessary as it reduces my total profit, though not significance but I find it not required.  Hence I might not be leaving my trades overnight in future.  Something I learnt and re-learnt is that one have to be patience and do not rush into a trade.  Losing the chance to win a trade is definitely much better in losing a trade. ;p

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