Posts Tagged trading academy
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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First trade was a short at 134500 when the market bounced up from a fall and hit the 5 day MA line and stochastics were looking to cross towards the downside. Unfortunately I was wrong and got stopped out.
Second trade was another short at 134725 at the market hit the previous swing high level… I was proved wrong again.
By this stage, I was nursing a -14 loss!! Ouch!
Hmm.. then I saw an opportunity to short again when the market hit the top of the channel and I put on my trade.. luc
January 24, 2008
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