Posts Tagged trading part time
Back to it today.. the stock markets around the world tanked yesterday and then the US market was momentarily saved by the Bank Holiday and then the cutting of interest rates by the Federal Reserve.
I had a lifeline today... my TM (trading mentor for those who are not in the loop) seems to like me despite my losing days and left me on the live account.
The market was extremely volatile today, we're seeing 10 or more prices bobbling up and down all over the place which makes things difficul
January 22, 2008
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Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it's a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I've already had 3 losing days and he gave me an extra lifeline.. I had to make it today else all the above, which, of course, put on the extra pressure.
Anyway, from the chart you can see another set of arrows.. these blue arrows are the trades whichÂ
January 17, 2008
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Another losing day... I am starting to get quite frustrated. Relegation back to simulator is very close.
I made two trades, shorted when it went fell through a support level at around 138000 but it shot straight back up to take out my loss.
Then I went short again at 138100... this wasn't particularly good and really had no basis but I got desperate. Anyway, got stopped out again.
Loss of -18.... sigh!!!
January 16, 2008
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