Archive for the Trading Category
So for those reading, I've marked my trades 1 to 4 showing the order of my trades. Trade 1 of today was a long of the EURUSD as shown below:
I had a 20 point stop on this and it went nowhere... just dragged and then plummetted knocking me out for -20
Then onto the GBPUSD trades where I made 3 trades today:
Trade 2 was long GBPUSD (by the way green arrows are long entries and red arrows are short entries) mirrored the EURUSD in trade 1.. once again, nothing and it just tanked t
April 1, 2011
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Today I was in a conference call, desperately trying to get out and look at the market before 9am but alas, it was not meant to be and I missed my entries and had to let them go by...
I look again later on in the day to see how they would have gone and it was good that I missed my trading entry.. well, at least for GBPUSD anyway:
The entry would have been right at the top of days range, literally to the pip and then tanked, I would have lost 20 pips!
The EURUSD would have faired bet
March 31, 2011
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As I mentioned in a previous post, I like set-and-forget trading systems as they allow me the most important asset of all, 'time'... you simply put in your orders and off you go about your day. You can log in later or the following day and see how your trades have done. There's minimal to do and so long as it's a system with a winning edge, you should find over time that your account is in profit.
One simple and easy set-and-forget trading system I found on the web is the one at www.daily20pi
March 30, 2011
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