Archive for the money Category
I sign up to all sorts of emails and every now and again and today, a new Forex system has emerged which has caught my eye.. this one is called Forex Autocash Robot and is a Forex trading system which apparently has never lost a trade in over 8 years. This is a huge claim.. trading is about losing and winning.. you just have to win more than you lose and then you're a successful trader but this system claims never to ever have lost a trade once. Hmm, it got my interest but I'm hugely skeptic
October 1, 2008
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The last few trades, I did make quite a few trades on the currency and the DOW (urgh, why am I still trading this instrument?). I haven't documented everything as I usually do.... many of these trades were done during the day when I was at work and not able to give myself the time to watch the markets.. yes, what on earth am I doing? Anyway, since the 24th, I placed 6 currency trades... all losing.. hmm, I won't go too much into but they were all small losses. All I can say is that the currency
September 27, 2008
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Usually I really don't like trading the Dow as there is always a lot of short term noise which tend to mess up your trades by whipsawing the price action beyond your stops and then reversing. The main reason I guess is because the Dow Jones average is comprised of just the 30 biggest stocks and movement within the biggest one can move the markets.. in other words, market manipulation with the Dow Jones is not unheard of.
Anyway, I did place a couple of trades.. firstly a short at 10908 which
September 23, 2008
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