Success In Trading

Success in trading is all about consistency and to achieve that we must follow the golden rules.

These are:

1 Only take the best opportunities.

2 Always minimize risk. Taking only low risk
opportunities is part of this.

3 Use good Money Management.

4 Have the discipline to follow these rules, especially the first one. It is all too easy to get over-confident and take anything you see. You soon lose your shirt that way. “Only the best is good enough for our trading!”is a good motto to follow.
You can’t learn how to do it without doing it.

© Forex Factory

Saturday, June 21, 2008

PotentialSG Market Trading List

Mercator - Resistance at 0.50, intra day trading, long at 0.505, target 0.515/52, cut loss 0.495.
CPL - Long if price open less than 6.08, and break above 6.08.
SAR.SG - Monday may insider bar pull back before further down trend, if not, intra day short if price break below 3.46.
Wilmar - Intra Short just break below 5.0 .
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