Archive for February, 2008
When I got back home, the markets had already plummetted.. I wasn't sure if I could pick up anything at this stage. I missed an entry at around 18:20 GMT to short below 135000.. this would have been quite nice.
Anyway, my first entry was a short at 134850.. it started to pull away. I saw this as a possible move lower... the stochastics were approaching overbought level in the 5 mins and 1 mins. However, I was proved wrong and took a 8 price hit.
As the market inched higher, suddenly all
February 5, 2008
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It's pretty dead today... if you look at the chart, there's not much happening. It's probably because the last couple of weeks we've had a lot of news driven events but today.. nought! Then there's the Superbowl which happened last night and the traders are probably nursing their hangovers. In periods like this, best steer clear and wait for an opportunity.
On a more positive note, I spoke with my trading mentor and he's been happy with my simulator trades. I should be going live again..
February 4, 2008
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This is fantastic, it's a series in the US about the different types of people working in Wall Street, New York from Hedge Fund managers, Analysts, Day Traders to Portfolio Managers, Cotton Traders, Dealmakers...
Each episode is just under 30 mins and available in it's entirety and full. The whole of the first season is available and they are currently in the second season.
Check it out:
http://www.mojohd.com/video/
February 3, 2008
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