Currency Trading is all about .. Timing!

Today I entered a trade a little too early and currently have a small drawdown, but not to worry as I have stop losses in place to protect my trading capital.  But if you think about it, trading is quite like Comedy, it’s all or mostly about timing.  When a comedian tells a joke, even if it’s a mediocre one, they can still make people laugh if the delivery is timed correctly.  Similarly the difference between a losing trade and a winning trade can be getting the time of one’s entry correct.  Continue reading