View Single Post
  #3 (permalink)  
Old 09-07-2006, 02:23 PM
drgoodvibe drgoodvibe is offline
Senior Member
 
Join Date: Dec 2005
Location: Null
Posts: 586
drgoodvibe is on a distinguished road
Quote:
Originally Posted by cucurucu
Hi et_phonehome_2

I think it depends on trader and strategy.
I only enter a trade when my system gives me the signal. If I miss the entry point, I will not enter anymore. If the price has moved x pips from the signal point I don't know how much the price will move further - may be the move is almost over.
I think it is very risky to enter a trade later than the moment in which the entry signal occurs. I prefer to sit back. There will be other oportunities in the next days. You don't have to rush.


Good Luck!
this is good advice. Don't jump into a trade becuase of greed!
__________________
Metatrader 4 - EA Live and Demo Hosting Solutions http://www.omegasupreme.com & Omega Trading Blog!
Reply With Quote