Posts Tagged forex
For those following my blog, you would know that it is my 3rd time going live and I really don't want to go back to the simulator.
As a result, I was extremely cautious in my trading... this can be a good and bad thing.
My first trade was a short at 134000.. I was so eager not to loose that I close the trade early for a net zero amount when it looked like it was going to go wrong on me. However, when I thought that the market was definately going to go down again, I shorted again but thi
February 11, 2008
4 Comments Full Story
I was annoyed with my performance today... my first trade was a good trade i felt but I had felt some fear and moved the stop too close.. it was at an obvious level where stop runners would push it to... 132500... not very clever. My initial stop was at 132450 which didn't get hit and would have yield the profit that I had targetted.
In addition, I also placed a trade to short the Dow Jones at 121650.. this was a perfectly good entry and I would have managed to grab some profit or move my sto
February 8, 2008
No Comments Full Story
Well, back to it. I place my first trade, a long at 132700 with an initial stop at 132450 and a target of 132975. As it moved up a little, I then moved my stop to 132500.
It promptly hit my stop and then went upwards to hit my target!!
To compound it, I got itchy fingers and went short at 132475 and took a 11 price hit.
So, going back live not looking good.. already reach my 20 price loss limit in a matter of minutes. I really don't know what is wrong with me... in the simulator, I woul
February 8, 2008
2 Comments Full Story
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