Posts Tagged trading system
I sign up to all sorts of emails and every now and again and today, a new Forex system has emerged which has caught my eye.. this one is called Forex Autocash Robot and is a Forex trading system which apparently has never lost a trade in over 8 years. This is a huge claim.. trading is about losing and winning.. you just have to win more than you lose and then you're a successful trader but this system claims never to ever have lost a trade once. Hmm, it got my interest but I'm hugely skeptic
October 1, 2008
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I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT.
I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop.
I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop.
I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!
September 4, 2008
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My trading of late hasn't been very good and I've lost focus hence the lack in the number of emails.. anyway, I spent time away to think through and go back to the basics.
Trading the DOW is definately a way to lose money.. the DOW is just a basket of 30 stocks and is easily manipulated... quite frequently when you see a move beyond a level, you expect it to move beyond but no, more often than not, the market will just reverse and do the opposite.. the big boys are obviously aware of the smal
August 26, 2008
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