Archive for August, 2008
I have my day off today and I wanted to watch the markets and not be desperate to trade. A problem is that when I come home from work and find that the markets have moved a lot with a lot of profit left on the table, I feel that I missed a fantastic opportunity and feel that I need to do something to get some of the profits.. as a result, I fire off trades from my trading platform even though there is no real reason to.. this amounts to losses and then frustration.
However, today, I entered
August 22, 2008
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Last night I saw an opportunity to short the GBPJPY currency pair and I entered at 205.20 with a 200 point target and a 100 point stop order. In the back of my mind, I know that I need to leave these trades running, there have been many occasions where I have closed for 100 to find that the market has moved 500 my way or more! Anyway, I set this trade in motion and went to bed...
I woke up to find that the market had moved and throughout the day, went lower... the lowest was 204.00 which was
August 19, 2008
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A few months ago, I went to the Internet Money Masters event and there is now another one coming up on the 20th to 22nd September. It is a 3 day seminar and there are a heap of people who talk about how they made their fortunes on the Internet and then in turn try to sell you something. I didn't buy anything that time though the presentations were very slick and I was tempted on a few occasions but I still learnt a lot of things to springboard my ideas... I am attending again this time roun
August 16, 2008
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