Archive for the Emini futures Category

Worlds Worst Trader is back!!!

Worlds Worst Trader is back!!!

Unfortunately, I think I must be the owner of this title...  I traded again today but all the lessons which I've learnt in the past seem to have been forgotten! I did end up with a small profit today but it was just luck. Firstly, I bought when the market was going down... the whole trend was down and I went and bought which wasn't clever... I ended up -19 points on this trade. I had no reason to buy... what on earth am I doing? I really felt stupid with this trade, it's obvious from the

August 11, 2008 No Comments Full Story

Todays Dow trade – price action breaks below 10400

Todays Dow trade - price action breaks below 10400

I got back home to find that the Dow had already crashed over 200 points! I feel a bit annoyed to have missed so much of the action but there is no way that I can trade at work... the markets are so volatile that you really need to be around to watch what is happening and get out should things turned nasty. Anyway, I did managed to enter a short at 10422 and got out at 10404 for +18. As the market approached the previous low and round number at 10400, I didn't want to take a chance on my mone

July 24, 2008 No Comments Full Story

And my trading…

And my trading...

  I also make a couple of trades on the Dow for a total of +17. The first trade was a short from 11642 and I took profit at 11634. The second trade was a long 11636 and I closed out at 11645.

July 23, 2008 No Comments Full Story

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