My Life Update - trading, blogging, money etc

I’ve been so busy with things that I’ve not had a real chance to reflect on the happenings around me. Anyway, circumstances have unfolded which have allowed me to take some time out and reflect and look back on what I have achieved (or not achieved) and done.

As you know, I started this blog just shy of a year now… boy has it flown. In fact, I’ve just gone to the first entry in my blog and it was the 17th July when I said hello to the world. Initially the blog was to write about the money making ideas on the internet and beyond but as time progressed, it became more and more of a trading journal/blog where I posted my entries/exits/wins/losses. I have been thinking of setting up another blog just to talk about the affiliate stuff I have been doing, just to keep it separate and easier to manage.

Anyway, the blog is doing well in that the site quickly got to a Google Pagerank of 3 when I started it. I then pushed more into marketing my blog and selling links and Google had then pushed my rank back to do. As I check it this morning, it has finally gone back up to Pagerank 3 which is great. I am getting more and more readers which is nice also and it’s even nicer when people post comments, it makes me feel that people are reading it!

As to the trading side, less luck unfortunately. Most people say that trading is legalised gambling but I believe that there is a way to make consistent profits in the market. Unfortunately, I haven’t quite found it yet but I have made tremendous progress with my trading in limiting my losses, understanding my risk and developing my trading psychology. I still have some work to do however before I can claim I am consistently profitable.

For those following my blog, I joined a trading academy in the hope that they would train me to become a successful trader and then back me with their funds. The structure is that you take home 50% of the profits that you make. However, I started off badly and over time, this got better and better.

I received a letter from them a month ago to say that by the end of April, if they didn’t see a proft on my account (I was sitting on $4000 losses), they would terminate my contract yet I would still be expected to pay off the hefty training fees. Well, I never was able to make the amount trading only part-time 3 evenings a week with 1 S&P emini contract at a time. My contract officially terminates on the 4th May and I am now in the process of initiating a grievance case against them due to what I believe to be some underhand tactics. I won’t elaborate too much as this stage as I would like to give them a chance to come back to me first before I ’spill the beans’ as it were.

My next step however it to open up a new trading account with Interactive Brokers and trade on my own account. I have used these guys before and they provided a fantastic platform to access the world markets. I hope to continue to hone my skills to continue trading the S&P emini markets. I am sure I will lose initially but I feel that I am getting closer to achieving my goal. In the UK, there are spreadbetting platforms which allow you to trade where the wins are tax free… this is another avenue which I will be exploring.

I hope to go to seminars, training courses and continue to read as much as I can to develop myself as a trader and beyond. Please please please do drop me comments to my blog.. it’s nice to know people are interested and reading!

All the best!


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New Market data

Hi guys,

I have found a widget which displays the market prices of the stock markets across the globe. I have installed this on the blog. You can click on the index for a mini-chart… or click again on it for a larger one!

I hope you find it useful.


Recommended products: The 12 Month Internet Millionaire, The Stock Trading Robot, The Forex Killer, Google Pay-Per-Click Ads Free

Website downtime

I experienced downtime on my website and it was almost 12 hours before it came back up… I had called up my service provider and I couldn’t get anyone to help me until this morning at 6am GMT. I called up last night around 6pm and waited an hour on the phone to speak to someone who wasn’t able to help.

It was extremely frustrating to be out for so long after getting hacked last week. Eventually, I found out that what the problem was, it was another attempted hack attempt but the hacker made a bad attempt and messed up.

Anyway, I had already patched up Wordpress to the latest version so I was thinking that I may have some reminents of some files sitting on my web server. Indeed, there were a couple of suspect files which I had found and removed. In addition, I found out that there is a security hole in the Wordspew Chat plugin which I had previously installed. I saw a mentions to this plugin when I looked at my logs so I think this is how they got in… I have removed this now.

However, I have been looking on the web about hacked website and Wordpress  site hacks seems quite prevalent! The price of a growing website is the visibility it has to the people and the more popular it becomes, the more hackers feel the need to take you down. It is frustrating, of course, and you have to keep vigilant. Luckily for me, the hacks have been fixable but in other cases, people have had their whole databases and files destroyed.

Anyway, I read about this chap where a hacker not only hacked his website but also his email and then took control of his domain and transferred it. Then the hacker demanded money. Anyway, there’s a happy ending but it’s an interesting read! See below:

http://www.davidairey.co.uk/google-gmail-security-hijack/


Recommended products: The 12 Month Internet Millionaire, The Stock Trading Robot, The Forex Killer, Google Pay-Per-Click Ads Free