Archive for January, 2008
Well, the US market is closed today and I'm still on the live account.. phew! As there's not much trading, I thought I'd spend some time doing research. As you know, I also look at Forex and I found a forum with a whole heap of free trading systems:
http://forexfactory.com/forumdisplay.php?f=71
In addition, a lot of people use the Metatrader platform which is great in that you can add what are called Expert Advisors which are essentially automated trading systems.. they open and clos
January 21, 2008
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After my winning day on the live account, I'm down and out again. I had some errands to run for the other half and I came back today to see that the market had moved substantially already. I felt a bit annoyed that I had missed all this.
I sold on a pullback to find that the move was more than a pullback and stop me out. Then I went long thinking that the market would go higher... well, it still looks like it wants to go higher but it stop me out before doing so. I've hit the limit for the da
January 18, 2008
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Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it's a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I've already had 3 losing days and he gave me an extra lifeline.. I had to make it today else all the above, which, of course, put on the extra pressure.
Anyway, from the chart you can see another set of arrows.. these blue arrows are the trades whichÂ
January 17, 2008
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