Posts Tagged trading academy

Trading the markets – NOT! Back on Monday

Trading the markets - NOT! Back on Monday

Today was the other half's birthday so I took her out for dinner. No trading today.  No trading tomorrow either as I'm meeting an old friend for some drinks and dinner. Will be back on Monday, at least it's been a winning week :)

April 3, 2008 No Comments Full Story

Sometimes the best trade is no trade

Sometimes the best trade is no trade

I got home today rather late. I met up with a friend after work and we had a couple of drinks. By the time I got home, there was only an hour left of trading and I didn't see any entries. The stochastics in the 5 mins were turning up so long trades only but there wasn't anything clean. So, no profits today, and no losses.... I live to fight another day!

April 2, 2008 No Comments Full Story

Hold onto winners, hold onto winners!!!

Hold onto winners, hold onto winners!!!

I've mentioned previously about holding onto winning trades and cutting your losers. I am great at cutting out my losing trades early but holding onto winners? The urge to take profit early I think is my current weakness. The sight of profit gets me salivating! Anyway, my first trade was a short at 136125.. the market had failed to get above a previous high of 136150 on the 24th March and the stochastics in the 5 mins had topped. I took profit early at 136025 for 4 prices to find that the mar

April 1, 2008 No Comments Full Story

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