Archive for the Trading Category
Something which I find myself pondering is whether I should trade my own system or just rely on someone elses alerts. I'm in two minds about this...
I list my pros and cons of each below:
Your own Trading System
Pros
It works with your personality, your risk ratio, the style of trading you like etc. You designed it, it is tailored for you
It is satisfying to have designed your own system
It's your systems to keep... you will always know how it works and can always trade it
April 25, 2011
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Something that I have learnt is to never trade Forex during the holidays.... I've watched the markets for many years and when you're off from work, it's tempting to see if you can make a few pips or points from home. If you do make any money, I assure you, you're lucky this time but perhaps not so lucky next time.
The main stock markets were closed due to Easter but as you know, the Forex markets are not country specific so they are still open during the normal hours - Monday to Friday. Marke
April 23, 2011
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Today was one of the best trading days that I've ever had... the markets really took a huge knock.. in fact, today the markets are looking like the below:
Europe
FTSE = -2.05%
DAX = -2.33%
CAC = -2.70%
United States
DJIA = -1.86%
S&P500 = -1.83%
April 18, 2011
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