Saturday, May 12, 2007

Riding the news

I know nothing of economic forecast, reports etc etc but need a plan how to do this. Got another demo account but misclicked on 50k account. It's ok just want to test this news trading thing.

Several news lined up this week, the plan: follow the wave, be mindful of the support/resistance levels. -25k by end of the week. Definately need more practice. Also, don't get emotional.
Things to do in may, learn/test range bound trading technique and news surfing.

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