I had an entry for a short position on the GBPJPY with 100 pip stop and limit. Both 15min and 1 hour charts were indicating a sell so I went short at 189.27... It took a couple of hours and hey presto, the market fell through and I bagged my 100 pips!
Over the weekend, I attended a seminar which approached things a little differently with regards to making profit from the stock markets. It was a seminar on 'covered calls'.. selling them in fact and making money selling the options and owning the stock. Although it was an introduction to a system, there was a lot of food for thought. To put it simply, it's a bit like buying a property and renting it out but in terms of the stock, you buy the stock and rent it out. The concepts are essential
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