Posts Tagged Trading
The last 3 days were not good for the system and I suffered a 20 pip loss each day. As I traded Tuesday, Wednesday and Thursday, the total loss for the week was 60 pips! I didn't trade Monday as it was the Bank Holiday yet it would have yielded profits had I done.
It's times like this when you consider whether your trading system is going to work for you... the back testing has shown that 3 days in a row of losses is rare but when it happens, your confidence in the system diminishes and the d
June 4, 2010
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Hi All,
I've just got back from an exhausting business trip on the African continent. I took all my trading road warrior tools with me and traded one day last week. It wasn't the technology that let me down (the Internet was extremely slow however).. it was the fact that my conferences started at the time when I could put in the order and since the Internet was so slow, it took 10 minutes to login and open the charts.
Each day however, I took a snapshot of the market to see how the str
May 23, 2010
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Well, as I mentioned, I spent the whole week from 17th May on a business trip. I had looked at the charts every day and wondered how the system would have worked if I had traded it. Here are the charts!
17th May
I just flew into Africa in the morning. However, a long would have been triggered and 30 pips would have been in the bag
18th May
It wasn’t easy to put on the trade today.. I was in a conference and had to fire up my email and put in the order. I had put in an order to
May 22, 2010
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