On my way home today, I picked up the free newpaper London Paper and there was a trader profile.. some chap called Jason Greenwood who is a trader and bets £800 a point! That is amazing, I try and swing for a 100 point gain on forex trades.. at £800 a point, that's £80,000 ($113,000 USD) on one trade! Anyway, I scanned the newspaper clipping...
My trading of late hasn't been particularly good.. I know I haven't updated the blog with these trades but in total, I had traded 6 times with a total loss of around 500 pips! Ouch! Anyway, last night, I sat and spent a lot of time thinking... where did I go wrong? What happened to the success I was having? I think the key to being successful is to be adaptable... the trading rules change when the markets change.. you need to have a trading strategy for trending markets and ranging marke
I am finding trading quite difficult lately.. the techniques which I have been trading with have not been doing so well and as a result, my account has plummetted. I wrote around December/January time that my account had reached all time highs.. the market was really good with me and I made a killing.. however, the market has changed and what I was doing which worked before, doesn't work any more... trading really is tough! Also, it is hard to find the time to stalk and wait for these opportu
