“I always define my risk, and I don’t have to worry about it.” - Tony Saliba
Meaning : The first step every trader should undertake before making a trade is to define their risk!
“Hope is bogus emotion that only costs you money.” - Jim Cramer
Meaning : Never base your trades on hope. Instead, they should be well-informed based on the information and analysis you have at hand.
Warren Buffett famous quotes:
“Time is the friend of the wonderful company, the enemy of the mediocre.”
“Do not take yearly results too seriously. Instead, focus on four or five-year averages.”
“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
“It is not necessary to do extraordinary things to get extraordinary...
“All you need is one pattern to make a living.” - Linda Raschke
Meaning : The simplest patterns often reap the best rewards. If you can learn to use them you can make a living from trading.
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Waiting for this to drop around 142.567 to buy the descending triangle that seems to be forming.
Entry 142.567
TP:142.847
Quote of the day:"Patience is not simply the ability to wait - it's how we behave while we're waiting."
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We have a downward trend in our pair. The dollar index continues its growth and the reserve currency continues to strengthen against the basket of major currencies.
At the moment, after forming of the "head and shoulders" figure, quotations continue to decline. Technical indicators also indicate a "sale."
Because of that at the moment we are considering entry...
