Posts Tagged Trading
Trading is meant to frustrate.. this morning I had a short trade on and it hit my stop and promptly reversed which would then have hit my target for 30 pips. There are times when a trader thinks that the markets are out to get him (or her) and he (or she) is right!! :) The market knows exactly where the stops are and they will hit them prior to moving in the 'correct' direction.
So a loss today.. annoying but that's something you have to deal with if you trade
April 6, 2010
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Sorry I haven't been updating the blog for a while but everything has been really hectic! I am getting married very soon and have a lot of wedding preparations. In addition, work has taken over the rest of my waking time. I was doing extremely well trading the Forex markets and then, a glut... my trades were rubbish and I was losing money. From a 11 trade winning streak to a good run of losses... what was going on?
I search high and low for an answer, I look at myself to see what was going on
July 27, 2009
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Looks like lady luck was on my side.. the GBPJPY fell and I closed when the downward momentum started to flag. I got out at 14933 for +40 pips!
May 21, 2009
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