Archive for the Make Me Some Money Ideas Category
The young star of Transformers who is in the sequel to Wall Street (with Michael Douglas) called Wall Street 2 (also with Michael Douglas) claims to have made almost $500k from $20k whilst he was preparing for his role for the film. He went into a prop trading house for 2 months and made a killing from it! I don't know what to say... he was there for such a short amount of time and he did that?! I have been at it work all this time and still trying to figure it out!
Anyway, check out the in
September 19, 2010
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![Went Long on DOW as it broke resistance]()
So today the DOW had been not doing much bouncing between 10300 and 10380. I was looking for a break either up or down to time my entry. I had an order at 10403 which was above the range but also above the round number.. round numbers are always areas of relatively strong resistance so I was mindful of that.
Additionally, the pivot was around 10429 or so which would be another hindrance to price moving upwards.
Anyway, my long was trigger and I managed to grab 25 points which was pretty aw
July 23, 2010
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![Thinking too much and trading]()
Today, I'm sad to say that I didn't listen to my instinct when it came to trading. I was being too clever and thinking about what the market was doing.
Look at the chart below. The market had hit the pivot point the first time and retraced. It then moved upwards and this was the time where I got back home and look at the market... it had retraced off the pivot and some strong movement up again towards it. I was a littl reluctant to put on the long as the pivot point was so close again when I
July 20, 2010
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