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
No Comments Full Story
I worked the whole weekend and today, I was exhausted coming back from work. I didn't really feel like trading but I have got used to making some consistent profits over the past couple of weeks. I have had a good winning streak and my account is again, sitting at all time highs. My account is 50% higher than it's opening and I hope that I can keep it this way.
Today's trade was a short of the USDCAD. The market had enjoyed a tremendous run up to the point of exhaustion when it promptly fell
December 8, 2008
No Comments Full Story
