Posts Tagged Trading

My 20 pip profit today – GBPUSD and EURUSD

My 20 pip profit today - GBPUSD and EURUSD

I haven't been posting my trading entries for a little while as I never got much feedback from it and thought that people weren't interested. However, lately, I've been getting emails from people asking me if I am indeed doing any trading at all and the answer is indeed YES! Every day in fact, I'm looking at the markets and putting on trades where I can. Anyway straight to it.. today I had two trades open, short GBPUSD at 15981 with a 10 point trailing stop and a long EURUSD at 14053, once ag

March 28, 2011 No Comments Full Story

The Difficulties of Trading from Home

The Difficulties of Trading from Home

I know the dream for a lot of people interested in trading is to be good enough to jack the 9-to-5 job and trade from home. The benefits are obvious: wake up when you want no annoying boss on your back no commute (it's at least an hour for most people I know) unlimited profits I'm sure they are loads more benefits but there are also some very real drawbacks or difficulties when trading from home such as: boredom loneliness home distractions discipline I'll go through ea

March 9, 2011 No Comments Full Story

Winning Trades which make no Money

Winning Trades which make no Money

This was me today... I put in an order for a buy on the GBPUSD at 16018 or a sell at 15956 with a 20 pip stop and a 40 pip target. As you can see from the chart, the GBPUSD shoots up and actually goes beyond the 50 pips... However, I made no money on this trade at all. At first I got really annoyed, an easy 40 pips in the bag and my broker has screwed me over. I checked my emails and can see that the order was being placed, however, I had forgotten to fund the account properly and t

November 10, 2010 No Comments Full Story

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