Posts Tagged make me some money
I have been quite careful of late and this has benefitted my trades.. I have found that the best trades are those which are 'boring'. When I say boring I mean that they do not give me the excitement which I experienced before... I just put them on and wait patiently. Sometimes I am not patient and end up closing them too early.
Anyway, one of the terms I have heard before is 'bottom pickers get smelly fingers' referring to those who try and time bottom of markets and this also corresponds to
November 11, 2008
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After my profitable AUDCAD trade last night, I entered short the GBPJPY right when it topped and fell. I had a 100 point stop which got hit.. quite annoying but as a trader (or trainee trader in my case) you have to learn that trading is about winning and losing.. you just have to take it on the chin and move on.
November 4, 2008
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I got at the right time today.. got back home and saw a short entry staring at me in the face, I entered at 8030 and I had a target of 7970. I was spreadbetting with this and the spreads are quite large with this forex pair so I actually closed it at about 7980... still a 50 pip ride is great!
November 3, 2008
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