Posts Tagged daytrade

47 pips trading the GBPJPY

47 pips trading the GBPJPY

I went short GBPJPY 161.93 just before the market just dropped and managed to get out before it started to rise for 47 pips. I like these sort of movements...  all in less than 10 minutes. I suspect the price action would end lower after this bounce upwards but I don't want to keep any positions open over the weekend.

June 12, 2009 No Comments Full Story

Trading update and my progress in the markets…

Trading update and my progress in the markets...

When I'm feeling tired, it's quite difficult to trade. I've been doing quite well of late with trading and sports betting and I haven't been inputting everything into the blog. I've noticed that people who own blogs like mine with a target in hand use them to monitor their progress.. I am using mine as a diary tool so I can look back at my trades and learn from past mistakes. I have certainly noticed my trading improving immensely this way to the point where I feel confident that I am indeed suc

June 4, 2009 No Comments Full Story

The winning streak continues…

The winning streak continues...

This is becoming unbelievable.. I traded both the S&P and GBPJPY today and both were winners.. this makes my total to 11 winning trades in a row. Considering the spreadbet company takes a spread either side of this trade, I'm doing remarkably well. I don't feel as though I've become a super trader but I do accept the maximum loss that I expect per trade. I put on the trade, set the stop loss and mentally accept the maximum loss. This makes me feel less nervous should it go against me.. I kno

May 14, 2009 No Comments Full Story

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