Those 7 rules are only about mentally "taking" a risk. Money Management is a given truth of investing and separate and above these rules. Very often people focus to much on aversion to risk, fear will cause you to get in to late and out to quick etc ...

EURUSD

9. if you have a wife nevermind # 8

EURUSD

1. Overcome fear 2. Remain flexible 3. Take reasoned risks 4. Prepare to be wrong 5. Actively seek reality 6. Respond quickly to change 7. Focus on decisions, not outcomes

EURUSD

anyone want to understand how I look at risk should read "inside the mind of the trutles" by Curtis Faith

EURUSD

.1 lot = $1 per pip? your stop loss would be 26.6 pips at $6 a pip for $159.6 which is about 2.6% of 6000

EURUSD

video enough said...

EURUSD

that's funny I was just in there reading that like 30 mins ago

EURUSD

[quote=smikester;3274360] july baby? It's going to be a girl (don't be to freaked out when you find out I'm right. ) If the Baby is born on my birthday July 5th I will send you a gift.

Cesarnc's market talk, gossips, rumours & fun

it's still to early to tell my friend.

Cesarnc's market talk, gossips, rumours & fun

video

Cesarnc's market talk, gossips, rumours & fun

Sorry buddy went and took a nap

Cesarnc's market talk, gossips, rumours & fun

yeah I know I was tricked into it also... I thought they said I'd be investing in Camel toe's in a Rolls Royce.... my mistake. image

Cesarnc's market talk, gossips, rumours & fun

That's it for me this week I could have picked more from USD/JPY but I'm to sleepy. these are my trades for this week

Cesarnc's market talk, gossips, rumours & fun

stop loss hit oh well I'm still favouring a long... side lined until the chart speaks to me.

Cesarnc's market talk, gossips, rumours & fun

banked 1st long for 35pips entered another long at 86.4 with a tight stop at 86.1. I'm starved I need to run out to the store hopefully I'll come back to green pips.

Cesarnc's market talk, gossips, rumours & fun

SINGAPORE (Dow Jones)--Asian stock markets were falling Friday, with financial shares bearing the brunt of losses as nervous investors worried about banks' exposure to Dubai World's debt. Risky currencies also sold off as Dubai World, the city ...

Cesarnc's market talk, gossips, rumours & fun

I'm getting ready to long USD/JPY if anyone is up this could be a great chance I already went long at 86.08 but a good hour candle close above monthly s3 around 86.22 would make me add a lot and look to 87.50 area for a target.

Cesarnc's market talk, gossips, rumours & fun

Food for thought. "For years, Dubai World was at the forefront of Dubai's international expansion into port operations, hotels and other assets. Slumping real estate markets in many countries combined with the overall economic recession, however, ...

Cesarnc's market talk, gossips, rumours & fun