Archive for the Make Me Some Money Ideas Category
Today when I had checked the markets, the GBPUSD had already moved up quite significantly.. this made my channel rather wide at 55 pips or so. I'm always conscious when the market has moved away like this as it should pullback before it makes another ascent. However, the market looked like it was heading upwards so when the market started to pullback, I entered long with a 30 pip stop and a 30 pip limit.
My entry was at 1.5453, stop at 1.5423 and target 1.5483. The pullback was deeper than
April 26, 2010
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The Sunday Times will release their Rich List tomorrow and they have a section for the richest hedge fund managers for 2010. Top of the list is American hedge fund manager Louis Moore Bacon who founded Moore Capital Management... he's worth £1.1 billion and his wealth had gone up 69% this year so far!! WOW!
This list of the top 10 Hedgies is here:
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7621927/Sunday-Times-Rich-List-2010-the-10-richest-hedge-fund-managers.html
April 24, 2010
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I used to get the magazine called the Traders Magazine which hailed from Germany and was a fantastic read for people interested in trading. It had reviews of new software and websites, articles on trading systems and my favourite part was always at the end where they profiled a successful trader.
The magazine started in 2003 and I had most issues (sometimes I would get 3 issues in the post). I was sad that sometime last year, they stopped... I think they ran out of funding. However, it's
April 9, 2010
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