Posts Tagged trading profits
![Trading the DOW after it's already made it's huge move!]()
I came back home and fancied a bit of trading.. my trading has been going ok lately and I've introduced some swing trading into my repetoire... I'll talk about that later but for now, let's concentrate on the DOW.
So, the DOW had already made a 150 odd gain and I got home wanting to grab some profits. The trend is up on the DOW so we're looking for long trades when the market retraces. The retraced happened off 10390 back down to 10350 and I had entered my trade a little early at 10360 where
July 13, 2010
No Comments Full Story
![GBPUSD - all in a days trading (or not)]()
Today I woke up early and was rather more alert than usual. This is not a good thing necessarily when it comes to trading.. certainly not in my case. I saw that the market had consolidated from yesterday after shooting up strongly. A consolidation usually happens after any particularly large moves so rather normal.. however, the market could have easily topped here or just biding time before heading higher. I wanted to play it safe so I didn't trade...
The 4-to-7 trading system's range was 14
June 15, 2010
No Comments Full Story
This is becoming unbelievable.. I traded both the S&P and GBPJPY today and both were winners.. this makes my total to 11 winning trades in a row. Considering the spreadbet company takes a spread either side of this trade, I'm doing remarkably well. I don't feel as though I've become a super trader but I do accept the maximum loss that I expect per trade. I put on the trade, set the stop loss and mentally accept the maximum loss. This makes me feel less nervous should it go against me.. I kno
May 14, 2009
No Comments Full Story
« Older Entries
Newer Entries »
