Friday, July 16, 2010

Its Demo Friday!

Hi there,

So i have a personal law where i avoid opening new trades on fridays.
my reasons for this are:
1. Its Friday and almost the weekend, so i like to take a break.
2. Many traders close their positions on fridays including me, so markets go a little haywire.
3. It's just too stressful to be watching the markets on a friday night (ps. i live in Asia, so i generally trade during the asian and europe sessions).

But I do practice my forex trading skills, by opening demo trades.
so what i usually do is setup trade plans, and play demo trades with no money and see how they turn out.

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