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22nd January – S&P emini trading – the inevitable happened

22nd January - S&P emini trading - the inevitable happened

Back to it today.. the stock markets around the world tanked yesterday and then the US market was momentarily saved by the Bank Holiday and then the cutting of interest rates by the Federal Reserve. I had a lifeline today... my TM (trading mentor for those who are not in the loop) seems to like me despite my losing days and left me on the live account. The market was extremely volatile today, we're seeing 10 or more prices bobbling up and down all over the place which makes things difficul

January 22, 2008 No Comments Full Story

Library of FREE Forex trading systems

Well, the US market is closed today and I'm still on the live account.. phew! As there's not much trading, I thought I'd spend some time doing research. As you know, I also look at Forex and I found a forum with a whole heap of free trading systems: http://forexfactory.com/forumdisplay.php?f=71 In addition,  a lot of people use the Metatrader platform which is great in that you can add what are called Expert Advisors which are essentially automated trading systems.. they open and clos

January 21, 2008 1 Comment Full Story

Back to losing… S&P emini trading… more frustration and stress

After my winning day on the live account, I'm down and out again. I had some errands to run for the other half and I came back today to see that the market had moved substantially already. I felt a bit annoyed that I had missed all this. I sold on a pullback to find that the move was more than a pullback and stop me out. Then I went long thinking that the market would go higher... well, it still looks like it wants to go higher but it stop me out before doing so. I've hit the limit for the da

January 18, 2008 No Comments Full Story

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