MoneyTec Traders Community Forum - View Single Post

TrendlineBreak · 01-12-2004, 03:56

JUSCO - Sorry if we (I) have changed your thread a bit, hopefully the discussion is useful, if you want I will open a seperate thread, if not ...

Today is a prime example of a problem I have, I got to my desk at 7am, an up signal had been given at 5am on the GBP, do you jump in late expecting it to continue even though you are officially going against your rules because you should have traded 2 hours earlier, or do you wait to see if it turns and gives you a signal in the opposite direction, in the meantime watching the market go up from 19138 to 19190 ?

Whats your take in this situation.

Probably get up earlier !

01-12-2004, 03:56	#47
TrendlineBreak level 3 Join Date: Jul 2004 Posts: 361 Downloads: 0 Uploads: 0 Rep Power: 0	JUSCO - Sorry if we (I) have changed your thread a bit, hopefully the discussion is useful, if you want I will open a seperate thread, if not ... Today is a prime example of a problem I have, I got to my desk at 7am, an up signal had been given at 5am on the GBP, do you jump in late expecting it to continue even though you are officially going against your rules because you should have traded 2 hours earlier, or do you wait to see if it turns and gives you a signal in the opposite direction, in the meantime watching the market go up from 19138 to 19190 ? Whats your take in this situation. Probably get up earlier ! Last edited by TrendlineBreak : 01-12-2004 at 04:01.