Neural Market Trends

April 27, 2007 ☼ BlogArchive

Does anybody remember the Seinfeld episode where George Costanza started doing everything opposite? His life turned around and he women, fame, and fortune. Well I had George Costanza moment yesterday (ed. Repost from Digital Breakfast) . I’m trying a new currency trading strategy that does a few things opposite of what I did before. Here’s the revised and stripped down Forex trading plan.

Smaller multiple entries will help me “dollar cost” average out losses. The trick is to trade with the long term trend, buy on dips, let positions mature, and slowly scale out profitable positions over time. If fundamentals were to change (bank rate hikes, drops, etc) then re-evaluate trends.