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YourTradingEdge
UNITED KINGDOMS
the MaGaZine For traDerS in cFDs, StockS, optionS, SpreaD BettinG, FutureS, ForeX & coMMoDitieS
TIMING FX
DAY TRADES
Mar/Apr 2012
www.YourTradingEdge.co.uk
WD GANN
Special issu
e!
Trade news
announcements wD GANN
for profit
Michael S. Jenkins
on how Gann
predicted price
SPREAD BETTING
GBp 4.95
eur 5.65
uSD 8.10
caD 7.85
9 771759 200003
02
volume 2, no. 2
EXCLUSIVE TRADER
PROFILE: DAVID RYAN
TRADER'S STORY
trader's story
Get to know your fellow traders: YTE UK speaks with day trader Richard L. Muehlberg.
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YOURTRADINGEDGE UK
Many, many years ago, I made a long gold position (trend) trade.
Gold went up day after day. I did well. Then gold reversed. I could not
understand what was happening. I kept waiting for gold to resume
its climb. I fought the market. I went into a prolonged state of mental
paralysis. I held the long side as gold collapsed. I finally took my loss.
That trade was one of the seeds that grew into my adoption of day
trading. I prefer the risk management inherent in day trading. My best
trades are when I wait for a good trade, act fast when my rules say
to act, then flow with price, and exit when my rules say to exit. My
best trades are all trades (win or lose) during which I am disciplined.
MAR/APR 2012
TRADER'S STORY
Twitter.com/YTE_Magazine_UK
MAR/APR 2012 YOURTRADINGEDGE UK
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