Posts Tagged dow
Following on from my earlier FTSE trade of today, I also spotted a perfect entry for the Dow Jones today.. it's a shame that I didn't trade it as it would have been extremely profitable.. it's nice when the markets hit a perfect resistance line and short.. however, these perfect hits are rare and look great if you have executed them in the right manner.. however, more often than not, if you saw this movement, the markets wouldn't behave.
However, I did short the Dow for a quick scalp trade wh
September 22, 2008
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The short entry was a good one.. however, in light of the strong uptrend I wanted to get out as soon as it hit any resistance and I got out at the round number 11600. The stochastics were also way into oversold territory so I got out and grabbed a measly 10 points.
The market however, fell further and is currently at 11583... trust my luck!! The hardest thing I think about trading is knowing when to get out.. I think it's much more difficult than entering.
The other day, I gave up over 1
August 22, 2008
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Unfortunately my trading goes from bad to worse.. I feel quite demoralised and I am not even looking at the charts properly and analysing before putting on trades. I just turn on the charting platform and put on the trades and lose. In fact, if I did the complete opposite to what I am currently doing I probably could do well!!! Right now, when I buy, the markets go down, when I sell, they go up! It seems that the markets know exactly what I want to do and just to the opposite to cause as much pa
August 13, 2008
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