Posts Tagged forex
Today was a bit frustrating.. I entered two long trades as per the two green arrows in the attached chart.
This picture is how I feel today!!
The first trade I was seeing a move beyond the previous swing high.. stochastics were already high but I thought it wouldn't turn.. I was targetting around 136300 at this stage. The market was at one point about 10 prices in my direction but for some reason, I was convinced that it would go up more.. even when it dropped after bouncing along t
January 30, 2008
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I'm still on the simulator, I had emailed my trading mentor earlier to ask if I should go back to the live account since I had a good week last week. He told me to give it a few more days and see how I get on. I am glad that he did as I traded and traded and ended up with a substantial loss. It would have battered my self esteem if I had lost on the live account.
Still, I rather lose fake money than real money but it's still not a good show.
I guess, I'm still annoyed about the morning FTS
January 28, 2008
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Yesterday I ended up with a small loss.. I was a bit worried, it could mean that my winning streak on the simulator was at an end... however, there were other problems today... the trading platform just wasn't interested in letting me in.
I ended up putting on some trades on my spreadbetting account to good effect and essentially making some real cash! Hoorah!
I shorted twice as per enclosed chart. The first short was a move just below 134000... I took it to 133625 for 14 or so prices equ
January 25, 2008
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