whattttt damn. ive never read anywhere that you shouldnt trade on a monday
what i read was not to trade in the first couple of hours and its always better to trade later on into the day
I started FX on friday and made a few errors. The entries were terrible and the one trade I had set up for all day went perfect, only problem I wasn't home for the entry!
theres nothing wrong with trading on a monday... today was a very sideways nothing type day i was down a bit in the morning but by close all my positions had me up....
look to put some money into the banks when they start to lift sometime this week take part positions then fill the position when your comfortable the stock is headed north
people shifting there money from resources to financials as we speak, reporting on the way
Sorry about yesterday. Just a hint from a fellow trader. Check out the hourly charts on your stocks to see when the big boys usually make their moves. You will find that the highest probability of getting the direction correct for the next day is late in the arvo 5th hour. Learn to read those weekly charts too and learn to do your best work. Its actually a foregone conclusion of mine, that most people don't do their best work so that creates plenty of opportunity for those that do. Good trading to you.