Archive for the Spreadbetting Category
Trading is meant to frustrate.. this morning I had a short trade on and it hit my stop and promptly reversed which would then have hit my target for 30 pips. There are times when a trader thinks that the markets are out to get him (or her) and he (or she) is right!! :) The market knows exactly where the stops are and they will hit them prior to moving in the 'correct' direction.
So a loss today.. annoying but that's something you have to deal with if you trade
April 6, 2010
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You can see the triple top set up on the 5 minute Dow with the Pivot being the resistance. A good point to short so had a short order at 10887 and rode it down to 10855. My original target was 10840 but hey, I'm still in profit.
March 31, 2010
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I have been thinking about trading and athletes. The best in both fields have trained themselves to the highest standards... with athletes, this obviously means regularly training intervals and lots of lots of repetition through working their bodies through motions to help their mind and body connect.
Trading is the same.. you need to have experienced and trained yourself. I mention training oneself since I am a self taught trader, I am not an institutional trader.
This means that when I'm
January 15, 2010
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