Correction – 9 wins in a row
Just a quick note.. I am on 9 daytrading wins in a row, not 10 as per my recent postings...
Archive for May, 2009
Rajesh Gill – ‘The 7 to 7 Man’
It has come out in the news recently how Rajesh Gill, known in the City as the "Seven to Seven Man" as he managed to turn a starting post of £7,000 into £7 million in 2 years, had been awarded £20 million by MF Global, his broker for deceiving him about the losses that he was making which resulted in him almost wiping out his account. I find this story incredible for a couple of reasons. Firstly, the fact that he was able to turn £7,000 into £7 million in such a short space of time.
10 winning trades in a row…
Yes believe it or not... I have a 10 straight win success rate so far with my trading. I just closed my GBPJPY trade for 35 points. It could lower from here (and probably will) but I have taken my profits. I went short at 14863 and got out at 14828. The reason why I took profits was that I expected a greater breakdown of the price action below 14832 which was the previous intraday bottom.. it sell below this and just stalled. Usually, a break above the previous low would mean a very quick fal
