Sunday, November 15, 2009

Moving On…

Hi guys.

So it seems that my work and study life is catching up on me again. I will still be trading Forex but will not be updating this site too frequently, if not at all.

There are several Forex trading styles but all have their disadvantages. For long-term trading, stability is there, but then it is often quite hard to find the right time to take profit, fearing that the market will go faster our way, and if we were to hold on to the trade, we would have obtained even more. Short-term trading like swings or scalping will let us take out the cash that we profit but then these types of trades are more vulnerable to random market noise compared to long-term position trading.

With that said, I still think that I have not found my optimum trading style and I need to finish up work and college. So I will not be updating this Forex Journal much. But for now, you guys can enjoy the ajax forex charts:

• Posted by josh at 19:14:39 in General, My Trading, Scalping, Day Trading, Position Trading
• 1 comment