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Saturday, October 3, 2009

Trade Both Trend and Range Markets

Posted by forex trading on 10:15 PM 0 comments

Trade Both Trend and Range Markets
By S. A Ghafari

I was still thinking why every time I get into trade using trend based tools, the market turns to a boring range market, the situation of forcing me to close the trades loosing what I earned from last couple of trades and much worse when I use overbought/oversold strategies and the market turns to trend situation. That was my destiny while I've ruined two consecutive accounts like a peace of cake.

After those failures I decided to not open any trading accounts unless I know how to trade both moods of the market and to be an approved Emotionally Controlled Trader. Well, what happened next..? I have a real account now.

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