Archive for the Spreadbetting Category

Daytrading frustration… when to stop?

Daytrading frustration... when to stop?

Today was another disastrous day trading.. I have been trading on/off for over a year on this blog and I still am miles away from being successful. My stint with the trading academy showed signs of success before they terminated my contract (illegally... it's going through solicitors currently) and recent courses have proved to be fruitful. I know trading takes a long time to learn and although this blog has been running for over a year, I have actually been trying to trade for much longer t

August 12, 2008 No Comments Full Story

Worlds Worst Trader is back!!!

Worlds Worst Trader is back!!!

Unfortunately, I think I must be the owner of this title...  I traded again today but all the lessons which I've learnt in the past seem to have been forgotten! I did end up with a small profit today but it was just luck. Firstly, I bought when the market was going down... the whole trend was down and I went and bought which wasn't clever... I ended up -19 points on this trade. I had no reason to buy... what on earth am I doing? I really felt stupid with this trade, it's obvious from the

August 11, 2008 No Comments Full Story

Todays Dow trade – price action breaks below 10400

Todays Dow trade - price action breaks below 10400

I got back home to find that the Dow had already crashed over 200 points! I feel a bit annoyed to have missed so much of the action but there is no way that I can trade at work... the markets are so volatile that you really need to be around to watch what is happening and get out should things turned nasty. Anyway, I did managed to enter a short at 10422 and got out at 10404 for +18. As the market approached the previous low and round number at 10400, I didn't want to take a chance on my mone

July 24, 2008 No Comments Full Story

« Older Entries   Newer Entries »