Archive for the money Category
I wanted to put this post up to remind myself of a lesson which I seem to have forgotten and cost me today and that is... "ensuring that your stop is in the right place"
To be honest, I got a bit lazy and have been putting stops with my orders with no real analysis as to where they should be. I know some people and some of the systems that I use do have a fixed stop limits but this way of trading for me involves putting in stops in the correct place.
A stop is your 'yes, I am definately wr
August 30, 2011
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So finally we have a losing week on the DDFX trading system, we've had a spectacular run so I do hope this this is a one off and not the start of a spiral trend which seems to be what happens to a lot of trading systems.
The GBPUSD long at the beginning of the week was a nice trade… a winner and what I expected (probably getting a bit too confident here).. A mere 31 pips which isn’t huge compared with the trades I’ve been getting with the system previously but nonetheless, a good start.
August 25, 2011
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As you know, Traders is one of my favourite online reads for the whole world of trading but The Exchange is a relatively new magazine which has surfaced which I really enjoy and is a serious contender to Traders.
I like it because it is more fresh, has loads of interviews and covers a whole raft of trading ideas from the traditional financial trading world to sports betting. Also, as it's a British publication the style of writing is a little more relaxed than Traders but heck, they are both
July 2, 2011
5 Comments Full Story
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