Selasa, 21 September 2010

Waiting 4 the Fed but Euros are Still Euros

The stock market is waiting for the Fed, but here in Euroland, life goes on. We have our own issues and dependencies. There are a bunch of countries trying to use the same currency but each with different fiscal disciplines.

May it go on forever because it's opportunity every day.

And that's what we want as discretionary traders. It's not about hitting home runs. It's about making as many trades as you are comfortable making and having a consistently high win rate. It's about making money every day. Trying to find 3 winners to make up for your 7 losers and still give you a profit won't happen. It's the win rate that I build my strategies around. Win rate. Win rate.

Today was another nice Euro day.

 

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