ForexSpirit

This morning’s trades show just what a fine line there is between success and failure when scalping.

The first three trades of the day all exhibit the same issue: entering too early. In all three cases waiting an additional 20 seconds would have resulted in much better entry positions. I have the direction [...]

As the old saying goes, ‘Insanity is doing the same thing, over and over again, but expecting different results’ (cue hat tipping to Albert Einstein and Benjamin Franklin who are often credited with this quote).
I guess that brings me one step closer to crossing that line (if I haven’t already) as I’m back scalping. [...]

You know how when you’re trading futures you don’t actually want physical delivery of the commodity appearing on your doorstep in a few months time?
Whoops.