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29th Oct – Trading day not finished but I am!

29th Oct - Trading day not finished but I am!

Hi all, Hope you all had a good weekend. I am exhausted and the market isn't really doing too much right now. I shouldn't have really traded as the mindset wasn't correct today but I did. I made two losing trades at -10 in total. The first trade was a short at 154650.. this is where the 5 day MA was. Usually, one should only really go in if you see confirmation of another support resistance line as a move off a MA is rather quite risky. Second trade was a short off 154800.. I got in as

October 29, 2007 No Comments Full Story

Testing your trading strategy..

Hi All, I was thinking today about how I could test my trading strategies without actually committing my money on the markets. Of course, there is a psychological different if you're trading real money or a dummy account but I am aware of the psychology and can honestly say that I am able to treat my dummy accounts as real accounts and the psychology is the same. Anyway, I found out that there is a fantastic site which you can use to test your trading strategies, it's called Wealth Lab

October 28, 2007 No Comments Full Story

Blog sponsorship update

Hi All, If you've been following my blog to the letter (highly unlikely), you would have read that I had a sponsor who were paying me each month in exchange for some small unintrusive adverts. To revisit that post, go here: http://makemesomemoney.co.uk/2007/09/25/all-bloggers-free-50-to-start-and-monthly-ongoing-cash/ Well, the set up was that you would use Paypal and set up a subscription so that you receive payment each month. Anyway, the month has come already and I received a no

October 26, 2007 No Comments Full Story

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