Archive for the Forex trading Category
I was eager to get back into trading today.... can you see where I went wrong? Yep, the eager bit isn't a good bit when it comes to trading.. it's so easy to pull the trigger when trading but when nothing is there, you're just gambling which is what happened today.. I did really badly...
The first trade, long at 126.96 thinking that the market was going to be heading higher.. I bought it right when it peaked and it plummetted.. my stop was at 126.56 for -40 pips.
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February 2, 2009
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A long time ago, I wrote about automated trading, how you could run a 'trading robot' on your trading platform and it would open and close your trades for you automatically. This was completely automated and works great.. the only annoying thing is that you need to keep your computer on for the 'trading robot' to function. If you want to read that post again, go to:
http://www.makemesomemoney.co.uk/2007/08/24/make-money-while-you-sleep-with-automated-trading-part-2/
Anyway, I found a compa
January 9, 2009
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First real day back in the markets and obviously keen to get back in.. I went long GBPJPY but suffered from fat fingers and made the mistake of going in a 20x my usual size!! Yes, unbelievable but true and for a while I sat there in misbelief about how stupid I was. Then the price action started to move upwards and I was quickly sitting on profit.. despite the market moving just 10 points before I closed out (due to fear!), I made the equivalent of 200 points in this short space of time! Howev
January 5, 2009
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