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Old 10-03-2008, 09:02 PM
tagada tagada is offline
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What a curious day we had. Nothing moving really, and then a small but effectiv frenzyness after NFP data release. I got short on crude for +220 pips (and added for an extra +80), but I must say I've been lucky on this one, despite the method. And since I'm at it, dear strato fellow, I'd say that apparently Crude just does what it wants, not following rules really.
I am grateful for that crude trade, indeed but I think I'll stick with the pairs for awhile, and gold from time to time, but I will stay away from the Dark Lord unless there's a big GO in the room.

One more thing. I heard somewhere (I think Dean Malone mentionned that), that plane pilots are among the best traders. Why? Because they remain calm, whatever happens. And why do they remain so calm? Because they fully trust their instruments, so they let them fly the machine. They don't question the oil tank indicators when the altimeter goes up, which would mean they're lighter and so might be dropping fuel... Dean said we, as traders, must trust our strategy (once defined) and indicators (once chosen) as much as these pilots trust their machines. I feel some truth there. Besides, it's "much stressless" this way

Last edited by tagada; 10-03-2008 at 09:09 PM.
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