Posts Tagged spreadbet
Last night I saw an opportunity to short the GBPJPY currency pair and I entered at 205.20 with a 200 point target and a 100 point stop order. In the back of my mind, I know that I need to leave these trades running, there have been many occasions where I have closed for 100 to find that the market has moved 500 my way or more! Anyway, I set this trade in motion and went to bed...
I woke up to find that the market had moved and throughout the day, went lower... the lowest was 204.00 which was
August 19, 2008
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Today was another disastrous day trading.. I have been trading on/off for over a year on this blog and I still am miles away from being successful. My stint with the trading academy showed signs of success before they terminated my contract (illegally... it's going through solicitors currently) and recent courses have proved to be fruitful.
I know trading takes a long time to learn and although this blog has been running for over a year, I have actually been trying to trade for much longer t
August 12, 2008
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Unfortunately, I think I must be the owner of this title... I traded again today but all the lessons which I've learnt in the past seem to have been forgotten!
I did end up with a small profit today but it was just luck.
Firstly, I bought when the market was going down... the whole trend was down and I went and bought which wasn't clever... I ended up -19 points on this trade. I had no reason to buy... what on earth am I doing? I really felt stupid with this trade, it's obvious from the
August 11, 2008
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