Posts Tagged Trading
I put on a FTSE short this morning on my spreadbetting platform at 5780 with a stop at 5820.. it started off a bit dodgy and then hit my stop by 0.5 points before falling (5820.5)!!! Arrrgh! This is really annoying and I ended up nursing a 40 point loss.
The price is currently 5745 which would have been a nice profit at this stage!!
I should have put the stop a bit higher, I was thinking of it as it had previously bounced at this level. With spreadbetting companies, they move their spreads
January 28, 2008
No Comments Full Story
Yesterday I ended up with a small loss.. I was a bit worried, it could mean that my winning streak on the simulator was at an end... however, there were other problems today... the trading platform just wasn't interested in letting me in.
I ended up putting on some trades on my spreadbetting account to good effect and essentially making some real cash! Hoorah!
I shorted twice as per enclosed chart. The first short was a move just below 134000... I took it to 133625 for 14 or so prices equ
January 25, 2008
No Comments Full Story
First trade was a short at 134500 when the market bounced up from a fall and hit the 5 day MA line and stochastics were looking to cross towards the downside. Unfortunately I was wrong and got stopped out.
Second trade was another short at 134725 at the market hit the previous swing high level… I was proved wrong again.
By this stage, I was nursing a -14 loss!! Ouch!
Hmm.. then I saw an opportunity to short again when the market hit the top of the channel and I put on my trade.. luc
January 24, 2008
No Comments Full Story
« Older Entries
Newer Entries »
