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Some Trading Psychology thoughts from last week

Some Trading Psychology thoughts from last week

Last week we made two trades. The first one we took 120 points on the Crude Oil long and the second trade Long Silver. Because of the profits from the Crude Oil trade, I felt comfortable giving the silver trade more room for a chance of a greater move. Unfortunately, the trade ended up as a scratch trade (even though it was in profit at one stage). I found that by having a profit already in the bag, it gives you the buffer to be able to give following trades a bit more room. Even  a smal

March 20, 2013 No Comments Full Story

How much tax is paid on casino winnings?

Casinos are a great place to go in order to enjoy yourself, whether you are a casino games novice or a seasoned veteran there will always be something to enjoy. For people on their first trip to a casino it can sometimes be a little overwhelming how much there really is to do, as there are bars and restaurants as well as other attractions to see and do. Having been to a casino some people then understand how exciting a life being a professional gambler would be, winning vast sums of money in Jac

March 11, 2013 No Comments Full Story

Bullish Pinbars on Silver chart but Price not following!

Bullish Pinbars on Silver chart but Price not following!

On the 4th of February we saw our first bullish pinbar and I went long at this point. I knew that there was some resistance at 3220 but the underlying trend looked bullish. The next day the price did go up around 30 points and then again, we got another bullish pin (two pinbars, surely a very positive sign) off the moving average. At this point I was expecting a huge move up but the following day we got a strong sell day. My trade is still in and my stop is at 3115. I really don't know where

February 10, 2013 No Comments Full Story

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