Posts Tagged trading profits
Today was a straight forward trade.. I put an order to short Silver 10 points below the previous support as you can see below and put a 100 point limit on it.
It worked like a treat and I got my 100 points relatively easily but the market continued without me. As I write, Silver is at 31.44 meaning that I left more than 50 points on the table.
I do find it very difficult to know where best to take profits.. I've done the take 100 points in the past to find it ends up like today, it moves f
November 17, 2011
No Comments Full Story
Hi All,
I received an email from Vince Stanzione who runs a website selling his trading system. I can't personally vouch for Vince myself as I don't know his system nor have I tried it but his statement which he posted certainly looks impressive. He's running a £40,000 profit on his trades currently which is a huge sum of money!
He's blank out his entry points and I'd be interested to know what size bets he puts on but there you are.
I just wanted to post the picture as it was quit
March 18, 2011
7 Comments Full Story
Wow, the DOW really made a significant move today... it shot up and by the time I got home, I had missed all the action.
However, the market had consolidated around the 10350 level. The market had made such a tremendous move that I couldn't see it moving much higher. Hence my short, I saw a triple top form around 10350 in the 5 minute charts and sold at 10340 with a 20 point stop. However, it proved to be a fake and stopped me out.. it just broke and made a high for the day and then moved bac
July 22, 2010
1 Comment Full Story
« Older Entries
Newer Entries »